Frontier Smart’s interims reflect the tough trading conditions outlined at the July trading update. As previously reported, the group’s Digital Radio business suffered from a period of short term de-stocking in the first half. Additionally Smart Audio growth has been impacted by promotion of 1st party products, pushing out the expected demand increase for 3rd-party products. Order levels in Digital Radio have begun to recover however, and management expects a substantially stronger performance i ....

18 Sep 2018
Value in both divisions despite tough period

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Value in both divisions despite tough period
Frontier Smart Technologies Group (FST:LON) | 0 0 (-0.3%)
- Published:
18 Sep 2018 -
Author:
Singer CM Team -
Pages:
3 -
Frontier Smart’s interims reflect the tough trading conditions outlined at the July trading update. As previously reported, the group’s Digital Radio business suffered from a period of short term de-stocking in the first half. Additionally Smart Audio growth has been impacted by promotion of 1st party products, pushing out the expected demand increase for 3rd-party products. Order levels in Digital Radio have begun to recover however, and management expects a substantially stronger performance i ....