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Highlights

  • Filtronic expects revenue and adjusted EBITDA for FY2025 and FY2026 to exceed market expectations.

  • Full-scale operational capacity now enables the company to meet rising customer demand across key sectors.

  • The performance driven by new programme wins and continued investment in engineering and manufacturing.

Filtronic plc (LSE:FTC), a leading UK-based designer and manufacturer serving the aerospace, defence, space, and telecoms infrastructure markets, has issued a bullish forecast, stating that its financial performance for FY2025 and FY2026 is expected to surpass current market expectations.

This optimistic outlook follows strategic investments the company made in expanding its manufacturing capabilities, which are now fully operational. According to Filtronic, these enhancements are already paying off, enabling the company to meet rising customer demand and paving the way for a significant uptick in revenue and adjusted EBITDA in the second half of FY2025.

Filtronic’s management anticipates that the momentum generated in FY2025 will continue into FY2026, with several new programmes launching across both its existing and new client bases. The company cited the defence and space markets as key growth areas, supported by its targeted investments in both engineering innovation and production scalability.

Chief Executive Officer Nat Edington expressed confidence in the company’s direction and praised the team's efforts:

"We are very pleased with the substantial progress we've made and the positive impact it's having on our financial performance. The team has worked tirelessly to bring new programmes to fruition across the defence and space markets. Our continued investment in engineering and manufacturing has positioned us to meet growing demand, and we are confident in the trajectory of the business as we scale to capitalise on future opportunities."