Actualización comercial del año fiscal 24 y aviso de resultados
Este anuncio contiene información privilegiada
03 de abril de 2024
Soluciones Calnex plc
("Calnex", la "Compañía" o el "Grupo")
Actualización comercial del año fiscal 24 y aviso de resultados
Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications and cloud computing markets, provides an update on trading for the year to 31 March 2024 ("FY24") and outlook for FY25.
Calnex anticipates the results for FY24 will be broadly in line with market expectations, with revenues of approximately £16.3 million and margins maintained. The Company's cost base has been adjusted, maintaining and focusing R&D spend to capitalise on the opportunities available to Calnex whilst controlling other costs. The Group's balance sheet remains strong, with cash as at 31 March 2024 of £11.9 million after investment in working capital in H2.
While the Group's performance has been affected by the well documented ongoing challenges in the telecoms sector, customer engagement levels have remained high, providing confidence that improvement in the telecoms market outlook will result in projects recommencing and customer spending resuming. Calnex is well placed to fulfil orders relating to these projects once activity levels increase.
The Board is encouraged by the level of positive engagement with customers on the Group's new product programmes and in particular expects that continued order growth from the defence and cloud computing sectors will enable Calnex to return to growth in FY25.
Positioned for growth in FY25 and beyond
Management has focused the Group's engineering programmes on opportunities showing the most near-term resilience and potential within the Group's established telecoms market and in the newer markets of cloud computing and defence.
Targeting growth in the telecoms market and long-term growth drivers intact
Within the telecoms market, the engineering programme is focused on the area of 800Gb/s synchronisation testing, an unmet need where there is growing customer demand. The Group anticipates a major new release in H2 FY25 to support leading edge 800Gb/s interface testing. Looking ahead, while the current challenges faced by the telecoms market are anticipated to continue throughout 2024, the Board is confident the transition to 5G and further development of O-RAN will drive a long-term transformation of the global telecoms infrastructure and demand for our lab synchronisation products.
Cloud computing and data centre markets represent growing opportunity
Calnex's newly marketed products focused on the cloud computing and data centre markets, SNE-X, SNE Ignite and NE-ONE, have seen encouraging levels of interest and initial orders. Over the medium term, the cloud computing market represents a significant additional opportunity for Calnex, given the investment into this market to support high growth in Artificial Intelligence (AI), virtual reality and increasing data centre demand. Measurement and testing is critical to performance in these areas. New opportunities are being assessed in network time monitoring, as well as data centre efficiency and effectiveness. The Group has also experienced good order levels for its application assurance offering, NE-ONE, in the defence, government and satellite markets and anticipates this will continue in FY25.
To maximise these opportunities, the Company is optimising its market approach for its suite of cloud focused offerings, bringing together its cloud infrastructure and cloud application teams, with a view to developing a consistent additional revenue stream.
Tommy Cook, director ejecutivo y fundador de Calnex, dijo:
"In the face of a challenging telecoms market we have successfully adjusted the focus of our engineering programmes towards the markets showing the most resilience and opportunity, with positive customer conversations taking place across each of our new product programmes. The cloud computing market in particular represents an increasingly exciting opportunity and with the long-term growth drivers in the telecoms market remaining intact, we are well placed to return to growth in FY25 and beyond."
Aviso de resultados
The Company intends to announce audited results for the year ended 31 March 2024 on Tuesday 21 May 2024.
Para obtener más información, póngase en contacto:
Soluciones Calnex plc | Vía Alma |
Tommy Cook, director ejecutivo Ashleigh Greenan, directora financiera | |
Cavendish Capital Markets Limited - NOMAD | 44 0 131 220 6939 |
Derrick Lee y Peter Lynch | |
| |
Alma Comunicaciones Estratégicas | + 44 (0) 20 3405 0213 |
Caroline Forde, Joe Pederzolli |
Descripción general de Calnex
Calnex Solutions diseña, produce y comercializa instrumentación y soluciones de prueba y medición para las industrias de telecomunicaciones y computación en la nube. La cartera de Calnex permite la I+D, la implementación previa y las pruebas en servicio para tecnologías de red y aplicaciones en red, lo que permite a sus clientes validar el rendimiento de la infraestructura crítica asociada con las redes de telecomunicaciones y computación en la nube y las aplicaciones que se ejecutan en ella.
Hasta la fecha, Calnex ha asegurado y entregado pedidos en 68 países de todo el mundo. Los clientes incluyen BT, China Mobile, NTT, Ericsson, Nokia, Intel, Qualcomm, IBM y Meta.
Fundada en 2006, Calnex tiene su sede en Linlithgow, Escocia, con ubicaciones adicionales en Belfast, Irlanda del Norte, Stevenage, Inglaterra y California en los EE. UU., con el apoyo de equipos de ventas en China e India. Calnex tiene una red global de socios, lo que proporciona una capacidad de distribución mundial.
RNS puede usar su dirección IP para confirmar el cumplimiento de los términos y condiciones, para analizar cómo interactúa con la información contenida en esta comunicación y para compartir dicho análisis de forma anónima con otros como parte de nuestros servicios comerciales. Para obtener más información sobre cómo RNS y la Bolsa de Valores de Londres utilizan los datos personales que nos proporciona, consulte nuestra Política de privacidad.