Highlights of the FY May 2019 results were revealed with the warranty claim settlement last week, however details are now released. As we noted previously, the Telecoms Antennas Operations are being sold following disappointment in the Massive MIMO market and is thus treated as a discontinued business in these accounts, making forecasts incomparable. On a LFL basis (FY 2018 restated), ongoing revenue fell 26% to £15.9m; a combination of FY 2018 benefiting from an exceptional one-off sal
23 Oct 2019
Filtronic - 5G backhaul transceivers to drive FY 2020 growth
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Filtronic - 5G backhaul transceivers to drive FY 2020 growth
Filtronic plc (FTC:LON) | 37.0 0 0.0% | Mkt Cap: 80.3m
- Published:
23 Oct 2019 -
Author:
Cavendish Research -
Pages:
14
Highlights of the FY May 2019 results were revealed with the warranty claim settlement last week, however details are now released. As we noted previously, the Telecoms Antennas Operations are being sold following disappointment in the Massive MIMO market and is thus treated as a discontinued business in these accounts, making forecasts incomparable. On a LFL basis (FY 2018 restated), ongoing revenue fell 26% to £15.9m; a combination of FY 2018 benefiting from an exceptional one-off sal