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Interim Management Statement

23 Sep 2011 10:30

RNS Number : 8167O
Filtronic PLC
23 September 2011
 



 

 

 

 

 

Filtronic plc ("Filtronic")

 

Interim Management Statement

Filtronic, the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market, issues its Interim Management Statement for the period from 1 June 2011, ahead of today's AGM.

Trading in the first quarter has been in line with management's expectations.

Actions taken during the last financial year to reduce costs and improve gross margins are taking effect.

At the end of August 2011 the group had £4.0m of cash, a reduction of £0.1m from the year-end position.

There have been no other significant changes in the position of the company over the period since the publication of its annual report for the year ended 31 May 2011.

The half year results for the six months ending 30 November 2011 will be announced in January 2012.

Enquiries: 

Filtronic plc

01325 301111

Howard Ford, Chairman

Hemant Mardia, CEO

Mike Brennan, CFO

 

Panmure Gordon (UK) Limited

020 7459 3600

Dominic Morley

Walbrook PR Limited

020 7933 8780

Paul McManus

paul.mcmanus@walbrookpr.com

Fiona Henson

fiona.henson@walbrookpr.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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