UK's IQE rises on annual sales growth forecast lift
21/07/2026 11:57
BUZZ-UK's IQE rises on annual sales growth forecast lift Updates
** Shares of British semiconductor wafer maker IQE IQE.L up 21.3% at 43.9 pence
** IQE raises its full-year 2026 revenue growth guidance to above 30% from 20% previously
** Expects FY adjusted core profit in low-teens million pounds
** Says trading in H1 2026 exceeded management expectations, resulting in H1 revenue of at least £64 million** Up to Monday's close, stock had risen more than seven-fold
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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Brief: IQE H1 Revenue GBP 64.6 Million