SRT Marine Systems reports performance in line with updated expectations, driven by the return of Systems revenue post-COVID and growth in the Transceivers division. With lockdown restrictions eased in FY23, Systems deployment has accelerated and achievement of revenue milestones led to +273% yoy revenue to £30.5m (£30.0mE, FY22: £8.2m), generating -£0.2m adj PBT (FY22: -£6.4m). Systems booked £18.4m revenue while Transceivers sales grew 60% to £12.1m despite the global component shortages affec ....
