There was some disruption in the final quarter of the financial year, which runs to the end of May, and the board, therefore, expects to report full-year revenue of around £17.2mln, up from £15.9mln the year before.
Operating profit is expected to clock in at around £400,000, which is around twice the level o the previous year while underlying earnings (EBITDA) are expected to be in the region of £1.2mln versus £700,000 the previous year.
Cash at the bank as at the end of May stood at £2.0mln, up from around £100,000 at the end of November 2019, while net cash was positive at around £700,0000 versus net debt at the end of November of £2.2mln.
Filtronic entered the current financial year with a good order book but given the current disruption caused by the coronavirus pandemic, it has elected not to issue any full-year guidance.
Shares in Filtronic were down 3.0% at 8p in early deals.