Zytronic PLC - Tyne & Wear-based touch sensors manufacturer - Reports sales in second half running 30% ahead of first half, sees swift return to profit and reversal of first half loss. Now anticipates full-year earnings for year ending September 30 to be top market forecasts.
In May, reports swing to interim loss of GBP314,000, compared to a GBP458,000 profit a year prior, while revenue plunged 35% year-on-year to GBP4.8 million from GBP7.4 million, but noted improvement in sales.
Current stock price: 181.30 pence
Year-to-date change: up 30%
By Josie O'Brien; josieobrien@alliancenews.com
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Zytronic (ZYT)