Filtronic (FTC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

147.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 170.00p
  • 52 Week Low: 62.00p
  • Currency: UK Pounds
  • Shares Issued: 219.08m
  • Volume: 1,140,942
  • Market Cap: £322.05m
  • RiskGrade: 247

Filtronic manufacturing output hits targets

By Iain Gilbert

Date: Thursday 31 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Mission-critical communication network components business Filtronic said on Thursday that manufacturing output has reached planned customer volume and quality requirements following strong order flow from SpaceX in H1.
Filtronic stated the "cadence of orders" it had enjoyed was to support new gateway link rollouts, in line with the growth of the Starlink constellation, and to retrofit existing gateway links in the field with E-band Solid State Power Amplifiers to increase bandwidth and lower latency in the system.

As a result, the AIM-listed group anticipates H125 trading will be stronger than H224, as the retrofit completes, and it reverts back to supporting the extension of the network.

"This gives confidence of delivering results for the full year in line with market expectations," said Filtronic.

As of 1340 GMT, Filtronic shares were up 2.09% at 75.55p.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Filtronic Market Data

Currency UK Pounds
Share Price 147.00p
Change Today -0.50p
% Change -0.34 %
52 Week High 170.00p
52 Week Low 62.00p
Volume 1,140,942
Shares Issued 219.08m
Market Cap £322.05m
RiskGrade 247

Filtronic Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.79% below the market average80.79% below the market average80.79% below the market average80.79% below the market average80.79% below the market average
65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average
Price Trend
94.75% above the market average94.75% above the market average94.75% above the market average94.75% above the market average94.75% above the market average
91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average
Income Not Available
Growth
99.84% above the market average99.84% above the market average99.84% above the market average99.84% above the market average99.84% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

Filtronic Dividends

No dividends found

Trades for 29-Aug-2025

Time Volume / Share Price
16:29 5,000 @ 146.45p
16:27 9,900 @ 147.20p
16:25 3,396 @ 147.20p
16:20 62 @ 147.20p
16:19 12,500 @ 146.40p

Filtronic Key Personnel

CFO Michael Tyerman
CEO Nat Edington

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