Filtronic posts losses but signals confidence in years ahead

Telecoms innovator Filtronic has reported a first half loss, blaming lower margin work and higher costs following investment.
But the County Durham and Leeds-based plc hailed a series of recent contract wins and has announced a £7.8m order with a satellite firm. In interim results for the six months to the end of November, the firm said revenue was broadly flat at £8.5m as an operating profit of £500,000 in the same period last year became a loss of £400,000.
Despite that, bosses said they are confident that full year results for 2024 and 2025 will be ahead of …