FILTRONIC PLC

Earnings Release • May 12, 2017

National Storage Mechanism | Additional information

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RNS Number : 9347E

Filtronic PLC

12 May 2017

Filtronic plc (the "Group")

Trading Update

Filtronic plc (AIM: FTC), the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market and adjacent markets, is pleased to provide the following trading update.

Trading during the fourth quarter of the current financial year ("FY2017") in the Filtronic Wireless business has been ahead of previous management expectations and despite some marginal, short-term weakness in trading in Filtronic Broadband, the board now expects total Group revenue of approximately £35million in the year ending 31 May 2017, with a commensurate increase to operating profit, both of which are ahead of market expectations.

A more detailed update on FY2017 trading will be provided following the end of the Company's financial year.

Enquiries:

Filtronic plc	Tel. 0113 220 0000
Rob Smith (CEO)	Tel. 07810 774 688
Michael Tyerman (Finance Director)	Tel. 07956 029502
Panmure Gordon (UK) Limited	Tel. 020 7886 2500
Dominic Morley / Alina Vaskina (Corporate Finance) Erik Anderson / Tom Salvesen (Corporate Broking)
Walbrook PR Limited	Tel. 020 7933 8780 or filtronic@walbrookpr.com
Paul Cornelius Helen Cresswell	Mob. 07866 394 707 Mob. 07841 917 679

Notes: 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

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