County Durham-based Filtronic plc, a designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, said its profit before tax soared 294% to £13.4 million in the year to May 31, 2025.
Filtronic confirmed that its revenue rose 121% to £56.3 million.
“Transformational performance reflecting successful delivery against Filtronic’s growth strategy …” reported the company.
“Move to a new custom-built facility in Sedgefield underway for completion H1 FY2026, doubling the group’s UK manufacturing footprint, to meet growing demand for the group’s products …
“Record order intake in the Space sector, including a landmark agreement with SpaceX, and new contract awards with Viasat, European Space Agency and Airbus …
“Strengthening 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.”
Filtronic CEO Nat Edington said: “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.
“As 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.”
In his outlook, Filtronic chairman Jonathan Neale wrote: “We enter FY2026 facing headwinds from a weakened USD but with a growing pipeline and increased customer engagement across multiple markets.
“With a robust order book, world-class talent, and a clear innovation strategy, we are well-positioned to lead in the converging sectors of communications, aerospace and defence, and space.
“We remain confident that by focusing on what is within our control-engineering quality, customer intimacy, and operational agility-we are positioned for long-term relevance and success.
“Our typical sale, design-in, and production cycles range from one to three years, offering the opportunity to grow and extend the long-term visibility of our customer order book.”