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IN BRIEF: Filtronic Expects Annual Earnings Rise Despite Virus Impact

Tue, 30th Jun 2020 21:47

Filtronic PLC - Leeds-based antenna manufacturer - Notes second half performance was broadly in line with market guidance despite some Covid-19 disruption in final quarter. Expects revenue for year ended May 31 to be 8% higher at GBP17.2 million and adjusted earnings before interest, taxation, depreciation, amortisation and exceptional items of GBP1.2 million from GBP700,000.

Current stock price: 7.68 pence

Year-to-date change: down 15%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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