FY 2018 has been a challenging year for SRT, as group revenue fell to £5.3m (2017: £11.5m), leading to an adj. LBT of £4.0m (2017: adj. PBT £1.5m). Both divisions underperformed against last year; the Transceivers business suffered a 12% fall in revenue due to new product shortages (now corrected) but the Systems division generated revenue of just £0.3m (2017: £5.3m). The value in SRT lies in Systems, which holds the enormous promise of £400m of sales
