FY22 saw continued progress, with strong revenue growth, margin recovery and cash generation providing a solid platform for future investment. The year benefited from a recovery in critical coms sales and progress in high-margin defence business whilst FTC coped with component shortages and controlled overheads. The near term will be dominated by component supply but looking to the long term, FTC has invested in capacity, engineering and sales resources to drive future growth. A raft of post YE ....
02 Aug 2022
Filtronic - FY22 confirms impressive revenue, margin and cash growth
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Filtronic - FY22 confirms impressive revenue, margin and cash growth
Filtronic plc (FTC:LON) | 34.0 0.3 2.4% | Mkt Cap: 73.8m
- Published:
02 Aug 2022 -
Author:
Michael Hill | Cavendish Research -
Pages:
14
FY22 saw continued progress, with strong revenue growth, margin recovery and cash generation providing a solid platform for future investment. The year benefited from a recovery in critical coms sales and progress in high-margin defence business whilst FTC coped with component shortages and controlled overheads. The near term will be dominated by component supply but looking to the long term, FTC has invested in capacity, engineering and sales resources to drive future growth. A raft of post YE ....