In line with the October trading update, Calnex has reported a c20% increase in revenue to £9.3m for H1/22 (H1/21: £7.7m) following substantial demand for telecoms testing equipment and strong levels of trading in H1/22. This strong trading has continued into H2/22. Investment in product development and operational scalability has been increased with the strong cash position enabling Calnex to accelerate investment and expand capacity in line with the growth in the order pipeline.
23 Nov 2021
Cenkos: Calnex Solutions plc -- Keeping time with growth – Interims update
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Cenkos: Calnex Solutions plc -- Keeping time with growth – Interims update
Calnex Solutions Plc (CLX:LON) | 53.0 -0.8 (-2.8%) | Mkt Cap: 46.4m
- Published:
23 Nov 2021 -
Author:
Ian McInally -
Pages:
16
In line with the October trading update, Calnex has reported a c20% increase in revenue to £9.3m for H1/22 (H1/21: £7.7m) following substantial demand for telecoms testing equipment and strong levels of trading in H1/22. This strong trading has continued into H2/22. Investment in product development and operational scalability has been increased with the strong cash position enabling Calnex to accelerate investment and expand capacity in line with the growth in the order pipeline.