TIDMCML

RNS Number : 1520T

CML Microsystems PLC

13 November 2023

13 November 2023

CML Microsystems Plc

("CML", the "Company" or the "Group")

Notice of Results

CML, which develops mixed-signal, RF and microwave semiconductors for global communications markets, intends to announce its interim results for the six-month period to 30 September 2023 on Tuesday 5 December 2023.

Analyst Presentation

Chris Gurry, Group Managing Director and Nigel Clark, Executive Chairman, will be hosting a presentation for analysts at 11.00am on the day. Analysts wishing to attend should email cml@almastrategic.com for joining information.

 
CML Microsystems Plc 
 Chris Gurry, Group Managing          Tel: +44(0)1621 875 500 
 Director 
 Nigel Clark, Executive Chairman 
Shore Capital                         Tel: +44(0)20 7408 4090 
 Toby Gibbs 
 James Thomas 
 Lucy Bowden 
 Fiona Conroy (Corporate Broking) 
Alma Strategic Communications        Tel: +44 (0)20 3405 0212 
 Josh Royston 
 Andy Bryant 
 Matthew Young

About CML Microsystems Plc

CML develops mixed-signal, RF and microwave semiconductors for global communications markets. The Group utilises a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia and USA. CML targets sub-segments within Communication markets with strong growth profiles and high barriers to entry. It has secured a diverse, blue chip customer base, including some of the world's leading commercial and industrial product manufacturers.

The spread of its customers and diversity of the product range largely protects the business from the cyclicality usually associated with the semiconductor industry. Growth in its end markets is being driven by factors such as the appetite for data to be transmitted faster and more securely, the upgrading of telecoms infrastructure around the world and the growing prevalence of private commercial wireless networks for voice and/or data communications linked to the industrial internet of things (IIoT).

The Group is cash-generative, has no debt and is dividend paying.

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November 13, 2023 02:00 ET (07:00 GMT)

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