Filtronic PLC Reports Robust Annual Financial Growth
Company Announcements

Filtronic PLC Reports Robust Annual Financial Growth

Filtronic (GB:FTC) has released an update.

Filtronic PLC, a company specializing in aerospace, defence, space, and telecommunications infrastructure, reported a successful fiscal year ending 31 May 2024, with significant contracts and partnerships, including a 5-year deal with SpaceX and awards from the European Space Agency and BAE. The company saw its revenue grow to £25.4m, adjusted EBITDA increase to £4.9m, and secured a strong cash position, setting a solid foundation for future expansion and technological advancements in its markets.

For further insights into GB:FTC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskFiltronic plc Reports Successful Annual General Meeting
TipRanks UK Auto-Generated NewsdeskFiltronic PLC Sees Strong Growth and Expansion Plans
TipRanks UK Auto-Generated NewsdeskFiltronic Issues New Shares Under ESOP Scheme
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App