News blog

Trackwise Designs

  • BY: Andrew Hore |
  • POSTED: 24/12/2019 |

Trackwise Designs says that there was no improvement in second half trading. 

The manufacturer of specialist sensors and RF antennas is expected to make a pre-tax profit of £200,000 in 2019. That is down from £300,000 in 2018. Revenues are set to fall from £3.5m to £2.9m with the radio frequency business hit be delays to the merger between T-Mobile/Sprint merger in the US, as well as the US/China trade dispute.

Improved Harness Technology remains the main attraction of the business. Revenues have grown and there are a significant number of potential customers in the medical, aerospace, automotive and industrial sectors. There should be further substantial growth in revenues this year as trials turn into volume production.

The share price has recovered to 87p since the trading statement.

© 2020 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Quoted Micro 30 March 2020

Continue reading... | 29/03/2020

Aeorema Communications

Aeorema Communications is being hit be the postponement of events. 

Continue reading... | 29/03/2020

Walcom Group Ltd

Walcom Group is short of cash and the chief executive has been unable to provide the funds he intended to lend to the company. 

Continue reading... | 29/03/2020

Pebble Beach Systems

Broadcast software provider Pebble Beach Systems has delayed its 2019 figures due to COVID-19. 

Continue reading... | 29/03/2020

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds