Filtronic’s post-close trading update notes that management expects improved trading during H221 to result in FY21 revenues of c £15.6m, in line with our estimate. It expects a favourable sales mix at higher margins to generate c £1.8m EBITDA, which is slightly ahead of our previous estimate.
17 Jun 2021
Filtronic - Improved H2 lifts earnings and year-end net cash
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Filtronic - Improved H2 lifts earnings and year-end net cash
Filtronic plc (FTC:LON) | 47.5 -0.7 (-3.1%) | Mkt Cap: 103.1m
- Published:
17 Jun 2021 -
Author:
Anne Margaret Crow -
Pages:
4
Filtronic’s post-close trading update notes that management expects improved trading during H221 to result in FY21 revenues of c £15.6m, in line with our estimate. It expects a favourable sales mix at higher margins to generate c £1.8m EBITDA, which is slightly ahead of our previous estimate.