Great results drive the shares to new highs - more to go for?
There were great interim results from Zytronic (AIM:ZYT), the specialist manufacturer of touch sensors and a long term favourite of ours. Our latest Blog features an update on the news and thoughts for the future..
Zytronic featured in our Premium Company Research in March 2017 (‘This high quality manufacturer with international appeal looks a tempting acquisition target’) and has already delivered a nice return. You can read our full coverage Premium Research on this delightful business from the link here. Interim results for the six months ended 31 March 2017 saw Group revenue rise 14.1% to £11.3m (H1 2016: £9.9m) of which the rapidly growing Touch side of the business increased 20% to £10.0m. Profit before tax increased just over 38% to £2.5m with basic earnings per share up 44% to 13.8p and the interim…