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MTI Wireless Edge Ltd to benefit from strong growth dynamics

Capital Network analyst Ed Stacey discusses MTI Wireless Edge (LON:MWE).

MTI's a technology group focussed on communication and radio frequency solutions.

Stacey examines some of the growth drivers - including structural demand growth in wireless networks, water conservation demands in irrigation, and new contract wins in the defence/security and consulting businesses.

Quick facts: MTI Wireless Edge Limited

Price: 39.5 GBX

AIM:MWE
Market: AIM
Market Cap: £34.69 m
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MTI Wireless Edge seeing 'continued significant revenue growth and...

MTI Wireless Edge Ltd's (LON:MWE) Richard Bennett discusses with Proactive London's Andrew Scott the group's results for the nine months to the end of September. Revenues increased by 12% in the period to $29mln while operating profit increased 33% to $2.5mln.

on 25/11/19

2 min read