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Zytronic PLC Optimistic Despite Revenue Dip

Zytronic PLC Optimistic Despite Revenue Dip

Zytronic plc (GB:ZYT) has released an update.

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Zytronic PLC, a leader in touch sensor manufacturing, reported a decrease in group revenue to £3.3m for the six months ending in March 2024, down from £4.7m the previous year. Despite a before-tax loss of £0.6m, the company remains optimistic due to improved order intake in the second quarter and ongoing business development efforts. A strategic review over the summer aims to establish a more robust direction and return to profitable growth.

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

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