FY22 was a year of progress for Zytronic as revenue increased by 5.6% and PBT improved to £0.7m (ahead of our £0.5m f/c) as a result of careful cost control and improving product mix (higher volumes of larger touch sensor units). Whilst market challenges remain, there are encouraging signs in the return of face to face business development and a sustained recovery in the opportunities pipeline. We upgrade FY23 PBT/EPS (+45% from a low base) to assume sustained profitability this year and note th ....
