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FTC Filtronic Plc

46.50
-1.00 (-2.11%)
Last Updated: 10:01:44
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Filtronic Plc LSE:FTC London Ordinary Share GB0003362992 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -2.11% 46.50 46.00 47.00 48.00 46.50 48.00 874,641 10:01:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 16.46M 464k 0.0022 211.36 100.12M

Filtronic PLC Filtronic wins 2021 Queen's Award for Enterprise

29/04/2021 9:36am

RNS Non-Regulatory


TIDMFTC

Filtronic PLC

29 April 2021

Filtronic plc

("Filtronic" or "the Company")

Filtronic wins 2021 Queen's Award for Enterprise, International Trade

Filtronic plc (AIM: FTC), the designer and manufacturer of RF, microwave, and mmWave products for the telecoms, critical communications and defence applications markets, today announced that it has been honoured with a Queen's Award for Enterprise for International Trade.

Filtronic is one of 205 organisations nationally to be recognised this year with a prestigious Queen's Award for Enterprise, of which 122 are for International Trade. Filtronic's successful award entry focused on the outstanding short-term growth in export sales of its microwave and mmWave solutions over a three-year period.

Filtronic was founded in 1977, and specialises in RF, microwave and mmWave subsystems. Its E-band transceivers are used in 5G backhaul, and also find applications in test & measurement, and in High Altitude Platform Stations (HAPS) and Low Earth Orbit (LEO satellites). New markets continue to be nurtured, for example E-band transceivers have recently been supplied for a successful trial of a 10Gbps track-to-train backhaul solution in Asia.

"Filtronic's award celebrates the global nature of our business. It specifically acknowledges the export success of our E-band mmWave transceiver products, of which we have shipped over 50,000 units to date with 99.9% destined for customers outside the UK," said Walter Magiera, Chief Commercial Officer of Filtronic. "We are very proud to have been honoured with this award, and consider it an exceptional achievement for a company with a 40-year heritage to be growing exports at such a rate."

Now in its 55th year, the Queen's Awards for Enterprise are the most prestigious business awards in the UK, and are designed to acknowledge and encourage outstanding achievements in the fields of innovation, international trade, sustainable development and promoting opportunity through social mobility.

Enquiries:

 
 Filtronic plc                      Tel. 0113 220 0000 or investor.relations@filtronic.com 
 Richard Gibbs (Chief Executive 
  Officer) 
 Michael Tyerman (Chief Financial 
  Officer) 
 
 finnCap Limited                    Tel. 020 7220 0500 
 Jonny Franklin-Adams / Kate Washington (Corporate Finance) 
 Alice Lane / Sunila de Silva 
  (ECM) 
 
 Walbrook PR Limited                Tel. 020 7933 8780 or filtronic@walbrookpr.com 
 Paul Vann / Nicholas Johnson       Mob. 07866 394 707 
 

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END

NRAUKOWRAAUSURR

(END) Dow Jones Newswires

April 29, 2021 04:36 ET (08:36 GMT)

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