Filtronic PLC AGM Statement (0305S)
September 28 2017 - 2:01AM
UK Regulatory
TIDMFTC
RNS Number : 0305S
Filtronic PLC
28 September 2017
Filtronic plc
AGM Statement and Trading Update
Filtronic plc (AIM: FTC), the designer and manufacturer of
microwave electronics products for the wireless telecoms
infrastructure market and adjacent markets will make the following
statement to shareholders at today's annual general meeting.
Trading during the first quarter of FY2018 was broadly in line
with management's expectations for both Filtronic Wireless and
Filtronic Broadband. We are pleased with our continued progress in
developing new opportunities with existing customers and the
further broadening of our customer base and end markets.
We were delighted to announce recently that Filtronic Broadband
had entered into a second major supply agreement for the defence
and aerospace market, and as our customer wins more contracts, we
expect these to flow through to us. We have also secured a number
of smaller pilot and development contracts that we expect to lead
to production orders later in FY18.
Filtronic Wireless continues to build an exciting pipeline of
opportunities for antenna products with mobile network operators
and our established customer base of telecoms original equipment
manufacturers. We are working to convert these opportunities and
will update the market as we progress. We continue to receive a
steady flow of orders for filter products from our telecoms and
public safety market customers.
Enquiries:
Filtronic plc Tel. 0113 220 0000
Rob Smith (CEO) Tel. 07810 774 688
Michael Tyerman (Finance Tel. 07956 029502
Director)
Panmure Gordon (UK) Limited Tel. 020 7886 2500
Dominic Morley / Alina Vaskina
(Corporate Finance)
Erik Anderson / Tom Salvesen
(Corporate Broking)
Walbrook PR Limited Tel. 020 7933 8780 or
filtronic@walbrookpr.com
Paul Cornelius Mob. 07866 394 707
Helen Cresswell Mob. 07841 917 679
Notes:
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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