FY23 was a challenging year for Zytronic, the specialist manufacturer of touch sensors. Sales declined 30% to £8.6m and an adj EBITDA loss of £0.4m was recorded. Trading YTD remains tough with sales lower YoY. This said there is cause for cautious optimism. There has been a sustained improvement in the opportunities log which should support improved sales activity in 2H. There is also good visibility on the cost base following restructuring activity. Net cash of £4.7m provides a strong footing a ....
