Electronics manufacturer looks to dispose of antenna operations

Filtronic, the designer and manufacturer of microwave electronics products, has said selling its telecoms antenna operations is its “preferred option” and that a sale process has begun.

The Shipley-based firm has been undertaking a strategic review of its telecoms antenna operations and earlier this year said it suffered a set-back in its growth plans.

In a trading update, Filtronic said: “The Board has concluded that a sale of this business activity is its preferred option. A sale process for this business activity is in progress and further updates will be provided as and when appropriate.”

AIM-listed Filtronic said it will now announce its results for the year ended 31 May 2019 in mid-to-late October.

 

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