Filtronic has reported FY25 results in line with our forecasts at the revenue level and ahead of our adj. PBT forecast. We previously upgraded our earnings forecasts six times during the past 12 months, reflecting the strong growth of the business especially in the space segment. The company has also made significant progress post period end in terms of winning new contracts in defence and new customers in space. New hiring and investment support the growth trajectory and underscore Filtronic’s ....
