Filtronic (GB:FTC) has released an update.
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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.
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