REG - Filtronic PLC - Trading Update

FiltronicAnnouncement

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RNS Number : 3316H  Filtronic PLC  06 May 2025

6 May 2025

Filtronic plc

(the "Company")

 

Trading update

 

Company expects to exceed market expectations for FY2025 and FY2026

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the
aerospace, defence, space and telecoms infrastructure markets, is pleased to
announce the outlook for both FY2025 and FY2026 is expected to exceed current
market expectations.

Investments in manufacturing capacity during the financial year are fully
online allowing the Company to meet increasing customer demand. This will
deliver stronger revenue and adjusted EBITDA in H2 of FY2025 and result in us
beating current market expectations for the current year.

The strengthened trading performance in FY2025 is expected to carry through to
FY2026 as anticipated new programmes come through with new and existing
customers.

Nat Edington, Chief Executive Officer, commented: "We are very pleased with
the substantial progress we've made and the positive impact it's having on our
financial performance. The team has worked tirelessly to bring new programmes
to fruition across the defence and space markets. Our continued investment in
engineering and manufacturing has positioned us to meet growing demand, and we
are confident in the trajectory of the business as we scale to capitalise on
future opportunities."

*adjusted earnings before interest, taxation, depreciation, amortisation and
share based payments

 

For further information, visit filtronic.com (https://www.filtronic.com) .

 

Enquiries:

 

 Filtronic plc                                                 Tel. 01740 618800 or investor.relations@filtronic.com
                                                               (mailto:investor.relations@filtronic.com)
 Nat Edington (Chief Executive Officer)
 Michael Tyerman (Chief Financial Officer)

 Cavendish Capital Markets Limited                             Tel. 020 7220 0500
 Jonny Franklin-Adams, Isaac Hooper, Trisyia Jamaludin (Corporate Finance)
 Sunila de Silva, Ondraya Swanson (Corporate Broking)

 Walbrook PR Limited                                           Tel. 020 7933 8780 or filtronic@walbrookpr.com

                                                             (mailto:filtronic@walbrookpr.com)
 Nick Rome/Joe Walker

 

Note: This announcement contains inside information which is disclosed in
accordance with the Market Abuse Regulation.

 

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