TIDMFTC

RNS Number : 5500Q

Filtronic PLC

28 October 2021

28 October 2021

Filtronic plc

(the "Group" or "Filtronic")

AGM STATEMENT AND NOTICE OF RESULTS

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and critical communications markets is pleased to provide the following update ahead of its Annual General Meeting being held later today at 11.00am.

The Group's trading performance in the opening months of FY2022 is in line with internal forecasts and shows a healthy improvement on the prior year. Therefore, we remain confident of delivering results for the full year in line with market expectations.

We continue to focus our activities on the strategic objective of broadening the customer base and markets we serve and were pleased to announce the recent contract win with a leading over-the-air US RF company for $0.8m. The pandemic made new customer acquisition more challenging but with the easing of travel restrictions, the Group has exhibited at several industry trade events in the last two months and is in advanced discussions to further expand the indirect channels to market in both Europe and the USA.

Filtronic will announce its half-year results for the six months ended 30 November 2021 on 8 February 2022.

Enquiries:

 
 Filtronic plc                      Tel. 0113 220 0000 or investor.relations@filtronic.com 
 Richard Gibbs (Chief Executive 
  Officer) 
 Michael Tyerman (Chief Financial 
  Officer) 
 
 finnCap Limited                    Tel. 020 7220 0500 
 Jonny Franklin-Adams/Tim Harper (Corporate Finance) 
 Alice Lane / Sunila de Silva 
  (ECM) 
 
 Walbrook PR Limited                Tel. 020 7933 8780 or filtronic@walbrookpr.com 
 Paul Vann / Nicholas Johnson       Mob. 07768 807 631

Notes:

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

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END

AGMFIFVEITLTFIL

(END) Dow Jones Newswires

October 28, 2021 02:00 ET (06:00 GMT)

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