Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFiltronic Regulatory News (FTC)

Share Price Information for Filtronic (FTC)

Share Price is delayed by 15 minutes
Get Live Data
380.00    7.00 (1.89%)
Bid:
375.00
Ask:
385.00
Spread: 10.00 (2.667%)
Market Cap: £829.18m
FTC Live PriceLast checked at - London Stock Exchange

Intraday Filtronic Share Chart

Update and Contract Win

5 Aug 2015 07:00

RNS Number : 1118V
Filtronic PLC
05 August 2015
 



 

Filtronic plc

("Filtronic" or the "Company")

 

Update and Contract Win

Filtronic plc (LSE: FTC), the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market, is pleased to provide the following update.

In our announcement of 28 January 2015, we indicated that technical issues had been encountered in the development of the integrated antenna product. We are pleased to announce that, having supplied a pre-production batch of products to our customer in March and April and following a number of tests by our customer and by a major US operator, these issues have been successfully resolved.

We are pleased to announce that the Wireless business has received production tooling orders totalling $265,000 from our customer, a major telecoms industry OEM for Ultra Wide Band integrated antennas.

The receipt of production tooling orders will enable Filtronic to bring the product into a volume manufacturing ready state and it is anticipated that production orders will follow the completion of the tooling orders.

The Broadband business continues to focus on developing proprietary E-band transceiver modules for Mobile Telecommunications backhaul applications and on providing build to print services to related markets. Our latest generation E-band transceiver, Orpheus, has been demonstrated to operate at a best in class >4Gbps at 256QAM and we are pleased to report that initial production orders have recently been received from a major OEM for this product. We can also confirm that Filtronic Broadband have been selected to manufacture, on a build to print basis, E-band transceivers based on an alternate chipset.

The Board continues to evaluate measures to strengthen the Company's balance sheet. Further details will be announced in due course.

Enquiries:

Filtronic plc

www.filtronic.co.uk

Howard Ford, Chairman

0113 220 0000

Rob Smith, CEO

 

 

 

Panmure Gordon (UK) Limited

020 7886 2500

Dominic Morley

 

 

 

Walbrook PR Limited

020 7933 8780 or filtronic@walbrookpr.com

Helen Cresswell

07841 917 679

Paul Cornelius

07866 384 707

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBCGDIXGGBGUS
Date   Source Headline
9th Aug 20057:01 amRNSDisposal
8th Aug 20052:17 pmRNSHolding(s) in Company
3rd Aug 20053:21 pmRNSHolding(s) in Company-Replace
1st Aug 20057:00 amRNSFinal Results
29th Jul 20054:46 pmRNSHolding(s) in Company
22nd Jul 20053:30 pmRNSHolding(s) in Company
20th Jul 200510:30 amRNSNotice of Results
1st Jul 20054:37 pmRNSHolding(s) in Company
29th Jun 200511:28 amRNSHolding(s) in Company
3rd Jun 20057:00 amRNSTrading Update
3rd May 20053:18 pmRNSDirector Shareholding
13th Apr 200512:24 pmRNSHolding(s) in Company
18th Mar 200510:34 amRNSHolding(s) in Company
15th Mar 200511:52 amRNSHolding(s) in Company
28th Feb 20051:51 pmRNSHolding(s) in Company
28th Feb 200512:30 pmRNSHolding(s) in Company
25th Feb 20052:10 pmRNSHolding(s) in Company
15th Feb 20053:47 pmRNSHolding(s) in Company
31st Jan 20054:57 pmRNSHolding(s) in Company
31st Jan 20054:12 pmRNSHolding(s) in Company
31st Jan 200511:20 amRNSHolding(s) in Company
31st Jan 20057:01 amRNSInterim Results
27th Jan 20053:43 pmRNSHolding(s) in Company
25th Jan 200511:23 amRNSHolding(s) in Company
24th Jan 20057:00 amRNSBoard Appointment
20th Jan 20057:00 amRNSSupply Agreement
17th Jan 200510:09 amRNSNotice of Results
12th Jan 20054:51 pmRNSHolding(s) in Company
11th Jan 20054:34 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.