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Zytronic – positive AGM trading update, Buy

By HotStockRockets | Friday 11 March 2022

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Newcastle-upon-Tyne touch sensors manufacturing company Zytronic (ZYT) has announced a trading update including that “revenues for the first five months are approximately 25% ahead year-on-year and we are maintaining operating margins at the improved levels of last year. The order book is 45% ahead of the same period last year”. That sounds good, but what does it mean tangibly?…

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