{"id":2141900,"date":"2025-07-29T08:07:38","date_gmt":"2025-07-29T07:07:38","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2141900"},"modified":"2025-07-29T08:07:38","modified_gmt":"2025-07-29T07:07:38","slug":"revenue-and-profits-rocket-at-filtronic","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2141900-revenue-and-profits-rocket-at-filtronic","title":{"rendered":"Revenue and profits rocket at Filtronic"},"content":{"rendered":"<p>Filtronic has revealed a \u2018transformational\u2019 set of results as revenue and profits rocket after winning huge contracts in the space and defence sectors.<\/p>\n<p>Its record performance reflects its ambitious growth strategy with key partnership deals providing the foundations for continued close relationships and further contract expansion.<\/p>\n<p>In the year to 31 May 2025, revenue was up 121% to \u00a356.3m, while pre-tax profits increased by 294% to \u00a313.4m.<\/p>\n<p>The period saw Filtronic overhaul its leadership team with several appointments, the restructuring of the commercial team and the opening of a new Cambridge office attracting top-tier RF and software engineering talent.<\/p>\n<p>Filtronic revealed record order intake in the space sector, including a landmark agreement with SpaceX, and new contract awards with Viasat, European Space Agency and Airbus.<\/p>\n<p>Elsewhere, the company strengthened its position in the defence sector, demonstrated by the recent airborne radar application contract with Leonardo and progress made with the QinetiQ and BAE Maritime Systems programmes.<\/p>\n<p>Filtronic chief executive, Nat Edington, said: &#8220;FY2025 has been a transformative year for Filtronic, showcasing the successful execution of our growth strategy. Our record revenue growth and landmark wins in the space and defence sectors reflect the trust placed in us by global players and that our technology is meeting real world demand.<\/p>\n<p>\u201cAs we enter FY2026, we are confident in our trajectory, with a strong order book, healthy cash position, and a strengthened leadership team in place. The transition to GaN technology, expansion into higher-frequency bands, and our move to a new, larger manufacturing facility will enable us to scale effectively and capitalise on the significant opportunities ahead.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Filtronic has revealed a \u2018transformation\u2019 set of results as revenue and profits rocket after winning huge contracts in the space and defence sectors<\/p>\n","protected":false},"author":271992,"featured_media":2139452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53262],"coauthors":[137100],"class_list":["post-2141900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-featured-story","tag-yorkshire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revenue and profits rocket 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