Summary
ELECTRONICS company Filtronic's annual losses have risen sharply but the business is confident its foothold in the US market will lead to a strong recovery this year.
The business, which is run from Newton Aycliffe, saw its turnover remain flat at pounds 15.5m but operating losses spiralled from pounds 0.3m to pounds 5.3m in the year to May 31.See the full content of this document
Extract
Filtronic Looks to Us to Boost Recovery
Chief executive Hemant Mardia said the results were in line with City expectations after Filtronic lost a key customer to ...
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