Following the end of the current interim period on 30 November 2005, Professor J D Rhodes, CBE, FRS, FREng, Chairman of Filtronic plc (‘Filtronic’), a leading provider of customised microwave electronic subsystems for the wireless telecommunications and defence industries, issued the following statement on trading for this interim period:
‘As announced at our AGM, we have discontinued our loss making Wireless Infrastructure operation in Australia and restructured our sales approach in merchant semiconductors, closing a sales office in the US. The costs of around £1m associated with these decisions have been borne in the first half of this financial year.
Underlying trading performance for the six months ended 30 November 2005 of the two continuing divisions, Wireless Infrastructure and Integrated Products, is in line with expectations.’
Enquiries
Filtronic plc
Professor David Rhodes, Chairman:
Tel: 01274 530622 / Mob: 07850 827 280
Professor John Roulston, Chief Executive Officer:
Tel: 01274 530622 / Mob: 07800 706 318
Charles Hindson, Group Finance Director:
Tel: 01274 530622 / Mob: 07800 706 319
Binns & Co PR Ltd
Peter Binns
/
Ben Knowles:
Tel: 020 7786 9600 / Mob: 07768 392 582
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