StockMarketWire.com - Filtronic said first-half performance was anticipated to be in line with its expectations as order input levels across its portfolio of public safety, 5G backhaul and defence products had all shown improvement.

The company also said it had invested approximately £1.0m to increase manufacturing and test capacity and support its improving order book.

The recently announced settlement of a $2.0m warranty claim would be paid in four instalments up to the end of 2020, it added. 'The first instalment has already been paid and the second will be paid at the end of November this year. The payment schedule is fully factored into our cash management planning,' Firltronic said.

At 9:40am: [LON:FTC] Filtronic PLC share price was -0.1p at 8.4p



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