Zytronic still cautious on short-term trading
Touch technology products manufacturer Zytonic said on Tuesday that it was still cautious about the short-term, based on current trading.
Electronic & Electrical Equipment
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16:54 04/11/24
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FTSE AIM All-Share
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16:54 04/11/24
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Zytronic
48.50p
16:55 04/11/24
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Zytronic said revenues during December and January continued to be "considerably behind" those seen at the same time a year earlier.
However, on a more positive note, the AIM-listed firm highlighted that order intake during January had shown a "significant increase".
"These orders are not likely to benefit the first half results but are an encouraging sign of the prospects for an improvement in the second half that we were expecting and is normally the case," said Zytronic.
Zytronic will host its annual general meeting on Tuesday.
As of 0950 GMT, Zytonic shares were down 2.50% at 195p.