Filtronic (LON: FTC) shares rose nearly 7% to 102.25p on Tuesday after the company said it expects to exceed market expectations for both its 2025 and 2026 financial years.
The AIM-listed aerospace and telecoms components maker has now gained 34.5% so far this year and is up around 104% over the past 12 months.
Filtronic said strong momentum in the second half of its 2025 financial year would drive higher revenue and adjusted EBITDA, helped by increased production capacity now fully operational.
The company cited growing customer demand, particularly in the defence and space sectors, as a key factor behind its improved outlook.
“The strengthened trading performance in FY2025 is expected to carry through to FY2026 as anticipated new programmes come through with new and existing customers,” the company said in a trading update.
Chief Executive Nat Edington stated: “We are very pleased with the substantial progress we've made and the positive impact it's having on our financial performance.”
“Our continued investment in engineering and manufacturing has positioned us to meet growing demand.”
Filtronic, which designs and manufactures advanced communications technology, added that new contracts and the ramp-up of customer programmes will support ongoing growth into next year.
Searching for the Perfect Broker?
Discover our top-recommended brokers for trading and investing in financial markets. Dive in and test their capabilities with complimentary demo accounts today!
- BlackBull 26,000+ Shares, Options, ETFs, Bonds, and other underlying assets – Read our Review
- Admiral Markets More than 4500 stocks & over 200 ETFs available to invest in – Read our Review
- Hargreaves Lansdown The company's website is easily understandable and accessible to a wide range of customers – Read our Review
YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
