Tech hardware and equipment - AIM - Mcap: £149m - Price: 68p - Update
Filtronic
Scaling up for future growth
FY24 was a pivotal year for Filtronic (FTC ), with revenue growth of 56% and operating margins expanding 12.7pp to 14.2%, as adoption of its technology in the space market accelerated. Orders from Filtronic’s largest customer drove a marked step up in revenue in H224 and support our FY25 forecasts. The company is focused on diversifying and scaling the business to support sustained revenue and earnings growth.

