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Address: The Waterfront, Salts Mill Rd., Saltaire, Shipley BD18 3TT

Website: http://www.filtronic.com/

Tel: 530622

Chief Executive: Prof John Rhodes

Co No: 0336299

Nature of Business: Manufacture of electrical and communications equipment, primarily mobile phone

June 1977 Original Filtronic established.

October 1994 floated on stock exchange to form Filtronic Comtec Plc, valued at £44 million.

Expands into USA, Australia, Finland and China.

September 1998 aquires Fuijitsu semiconductor plant in Newton Aycliffe for £13.5 million, but loosing £1 million a month.

Received £750,000 government capital grants in the year to June 2000.

Share prices peaked around March 2000 at £23, but have dropped since to a low of £1.30 in May 2001.

Staff: 2900 (1,111 in UK).

To May 2000:

• Share issue: 73,400,000 ordinary 10p shares (Value at £10 each at May 2000, but down to £2.50 each at May 2001)
• Turnover: £ 222 million
• Net worth: £ 750 million
• Pre-Tax loss: (£4 million)

Five Year Summary P&L with Balance Sheet

year ended 31 May             1996     1997     1998     1999     2000

turnover               £m     33.4     46.6     94.1      187      222
pre tax profit         £m     3.25     4.06     11.0     12.5   (3.89)
norm earn per share     p     5.13     5.98     15.0     23.7   (7.77)
FRS3 earn per share     p     5.05     6.02     15.1     16.3   (11.6)
div per share           p     0.96     1.20     1.92     2.61     2.70

intangibles            £m        -        -        -     67.4     64.4
fixed assets           £m     17.8     19.9     29.7     55.6      106
fixed investments      £m        -        -        -        -        -

stocks                 £m     4.78     9.10     15.9     23.5     39.7
debtors                £m     9.02     12.9     20.3     45.1     61.3
cash, securities       £m     0.18     1.22     1.78     22.5     39.5

creditors short        £m     10.6     18.5     34.2     29.7     54.4
creditors long         £m     2.32     3.12     4.29      104      110
prefs, minorities      £m        -        -        -        -        -
ord cap, reserves      £m     18.8     21.5     29.2     80.1      146

mkt capitalisation     £m      145      171      209      442      749

Check Hemscott for updated Company Information:

(figures year to June 2000)

Major Shareholders:
(25 May 01) 73.43m 10p Ords - Prudential Assur Co Ltd 15.00%, FMR Corp & FIL 9.39%, Prof J D Rhodes CBE OBE 5.76%, Other Dirs 1.18%.

Updated: May 2001

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