Filtronic has stated that it expects to "exceed current market expectations" in its outlook for both its 2025 and 2026 financial years.
The product manufacturer for the aerospace, defence, space and telecoms infrastructure markets said that investments in manufacturing capacity during the financial year are fully online, allowing it to meet increasing customer demand.
Filtronic stated that it would deliver "stronger" revenue and adjusted EBITDA in the second half of the 2025 year and beat current market expectations.
The strengthened trading performance in 2025 is expected to carry through to the 2026 financial year, as anticipated new programmes come through with new and existing customers.
The announcement comes after Filtronic won a new contract with SpaceX in February, valued at £16.8m.
Chief executive officer at Filtronic, Nat Edington, said: "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."
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