Filtronic – results

Filtronic’s sales were up 19% for the year ending May as the company brings online the semiconductor plant in County Durham which it bought from Fujitsu. The specialist electronics supplier showed an operating profit of £18.3m, excluding £9.7m costs relating to the Newton Aycliffe factory and other items. The overall effect was a pre-tax loss […]

Filtronic’s sales were up 19% for the year ending May as the company brings online the semiconductor plant in County Durham which it bought from Fujitsu. The specialist electronics supplier showed an operating profit of £18.3m, excluding £9.7m costs relating to the Newton Aycliffe factory and other items. The overall effect was a pre-tax loss of £3.9m with the company predicting benevolent trading conditions for the coming year.

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