UK's Filtronic rises as SpaceX contract boosts results view
10/02/2025 08:27
** Shares of UK-based designer and manufacturer Filtronic
PLC FTC.L rise 13% to 105 pence, a peak since November 2000
** Co secures a contract with SpaceX valued at $20.9
million, to be fulfilled in FY25 and FY26
** FTC now expects to exceed market expectations for revenue
and profit in FY25 and FY26
** As of last close, stock up ~38.16% YTD
(Reporting by Judes Joseph in Bengaluru)
((judes.joseph@thomsonreuters.com;))