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3 Mar 2022 07:00
3 March 2022
Zytronic plc
("Zytronic" or the "Company")
AGM Trading Update
Zytronic, a leading specialist manufacturer of touch sensors, provides the following trading update ahead of the AGM being held at 9.30 a.m. today.
The first five months of this financial year have seen a continuing and significant improvement compared to the same period last year, principally driven by the Gaming sector. Revenues for the first five months are approximately 25% ahead year-on-year and we are maintaining operating margins at the improved levels of last year. The order book is 45% ahead of the same period last year, partly benefitting from some advance orders which improves visibility for the coming months and allows us to plan for any of the well-publicised electronic component supply issues.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).
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About Zytronic
Zytronic is a world-renowned developer and manufacturer of a unique range of internationally award winning optically transparent interactive touch sensor overlay products for use with electronic displays in industrial, self-service and public access equipment. Zytronic's products employ a sensing solution that is readily configurable and embedded in a laminate core that offers significant durability, environmental stability and optical enhancement benefits to system designers specific requirements. Zytronic has continually developed process and technological know-how and IP since the late 1990's around two sensing methodologies; the first being single touch self-capacitive which Zytronic markets as PCT™ ("Projected Capacitive Technology") and the second being multi-touch, multi-user mutual-capacitive which Zytronic markets as MPCT™ ("Mutual Projected Capacitive Technology"), in which Zytronic holds five granted patents. Zytronic operates from a single site near Newcastle-upon-Tyne in the United Kingdom. Zytronic is relatively unique in the touch eco-system as it offers a complete one-stop solution from processing internally the form and factor of the glass substrates, assembles their touch overlay products to customers specific requirements, in environmentally controlled cleanrooms and develops the bespoke firmware, software and electronic hardware to link the interactive overlays to customer's integrated systems and products.
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