Published: September 23, 2025 at 12:36 pm
Sedgefield-based advanced communications specialist Filtronic more than doubled annual revenues and tripled profits on the back of major contract wins in the space and defence sectors.
The AIM-listed company grew revenues to £56.3 million in the year to 31 May 2025, a 121% increase.
Adjusted EBITDA surged to £17m from £4.9m, while operating profit rose to £13.4m from £3.6m the year before.
The major increases come in a record financial year in which the company agreed a landmark agreement with Elon Musk’s SpaceX, as well as contracts with Viasat, Airbus and the European Space Agency in the satellite sector.