Filtronic has issued a trading update for the year ended May 2025, indicating results ahead of expectations. The company expects to report revenue of c£56.3m, which compares with our previous forecast of £55.0m and which represents 120% growth versus FY24. The company expects to report adjusted EBITDA of £16.6m versus our previous forecast of £16.3m. We are increasing our forecasts in line with the new guidance for FY25E and make no changes to our forecasts for FY26E. The company will release it ....
