25 October 2018 – AGM statement
The group has confirmed that trading so far in the current financial year is in line with expectations, whilst it is also pleasing that it has announced its first contract wins for its new Massive MIMO (mMIMO) antennas and further incremental defence contracts during the period. The mMIMO programme is strategically significant and the technology should become a cornerstone of for the development of future 5G networks. However, the group has cautioned that the timing of the take up of the technology is hard to predict and this has caused some share price weakness. For those investors with patience the shares are a LONG TERM BUY.