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Berliner Synchron AG
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07:46 20/03/24
24 de abril de 2024
filtronico plc
("Filtronic" o la "Compañía")
IMPROVED OUTLOOK FOR FY2024 AND FY2025
Filtronic plc (AIM: FTC), el diseñador y fabricante de productos para la aerospace, defence, telecoms infrastructure and low earth orbit ("LEO") space markets, is pleased to announce the outlook for both FY2024 and FY2025 will exceed current market estimates.
Filtronic closed several significant contracts with new customers in the first half of FY2024, including important initial production orders in the fast-growing LEO space market. The Company has been successful in executing these contracts over the last six months and as such FY2024 revenue will now be marginally ahead of expectations and EBITDA will be significantly ahead of expectations.
These recent contract wins give us better visibility over the medium term due to the growing orderbook, increased confidence in the LEO space market and the ability of Filtronic to scale manufacturing in support of the LEO constellation and ground station deployment. As a result, we expect FY2025 to be significantly ahead of current market expectations for both revenue and EBITDA.
Richard Gibbs, director ejecutivo, comentó: "the Filtronic team has always excelled in delivering world-class products to our core markets. The recent investments in our engineering and operations team have enhanced our ability to deliver innovative, cost-effective RF solutions to a demanding timescale, and this in turn has positioned us well with some of the largest space and aerospace customers in world. It is pleasing to see this effort being recognised in our financial results."
Consultas:
filtronico plc | tel. 01740 618800 o GME@dhr-rgv.com |
Richard Gibbs (director ejecutivo) |
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Michael Tyerman (director financiero) |
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Cavendish Capital Markets Limitado | Tel 020 7220 0500 |
Jonny Franklin-Adams/George Dollemore (Finanzas corporativas) | |
Sunila de Silva (ECM) | |
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Walbrook PR Limited | Tel 020 7933 8780 |
Nick Roma/Joe Walker | Multitud. 07768 807 631 |
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