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.
