15 July 2025 - final results
The critical power and data transmission products group has announced excellent results for the 52 weeks to 30 March and this has prompted a surge in the share price. We commented in April that the shares were a buy at 228p as they had fallen too far following the initial imposition of US tariffs and a trading update had reassured investors. This advice has proved correct with the company producing annual profits ahead of expectations. We had forecast adjusted pre-tax profits of $82m for earnings per share of 34.5 cents or around 27p . . .
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