FY24 has been a tough one given the worldwide Telecoms sector slowdown, though good progress has been made in identifying and expanding into other market segments, notably Defence. Cloud computing and datacentre markets also continue to represent a substantial growth opportunity and all the long-term drivers within the Telecoms market remain intact. Revenue in the year of £16.3m was down 40.7% versus FY23, in-line with the April 2024 trading update, as Telecoms customers delayed projects. Import ....
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21 May 2024
Calnex Solutions - FY24 finals – A tough period, but bide your time
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Calnex Solutions - FY24 finals – A tough period, but bide your time
Calnex Solutions Plc (CLX:LON) | 48.5 0 0.0% | Mkt Cap: 42.5m
- Published:
21 May 2024 -
Author:
Ian McInally -
Pages:
18 -
FY24 has been a tough one given the worldwide Telecoms sector slowdown, though good progress has been made in identifying and expanding into other market segments, notably Defence. Cloud computing and datacentre markets also continue to represent a substantial growth opportunity and all the long-term drivers within the Telecoms market remain intact. Revenue in the year of £16.3m was down 40.7% versus FY23, in-line with the April 2024 trading update, as Telecoms customers delayed projects. Import ....