Factory growth helps Filtronic boosts earnings

INVESTMENTS in its North East factory have helped radio frequency communications specialist Filtronic to boost earnings expectations.

- TOM KEIGHLEY Business reporter

The County Durham-based maker of equipment for the satellite industry says its decision to ramp-up production capacity via a new base at the NETPark site will result in stronger revenue and adjusted Ebitda in the second half of 2025.

It will put the London-listed business on track to beat current market expectations for this financial year and the next.

Bosses say the trading momentum is likely to carry through to the firm's 2026 financial year as new contracts emerge with new and existing customers.

Nat Edington, chief executive officer, said: "We are very pleased with the substantial progress we've made and the positive impact it's having on our financial performance.