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Bonkers Bargains: returning money to shareholders
This high-tech manufacturer of patented products had been consistently profitable before the pandemic struck, which pushed it to a first reported loss for more than 17 years, although despite this it still generated plenty of cash. With a balance sheet awash with cash and exciting developments on the horizon, it looks cracking value at current levels. Read on to find out more about this Bonkers Bargain, which is making a tender offer to shareholders.
Zytronic (LON:ZYT) is a well-established manufacturer of touch screen products which are proven in the toughest environments. Its products extend to a broad range of applications including signage, gaming machines, ATMs, vending machines, ticketing machines and numerous industrial sector applications.
Activities
Zytronic is based just outside Newcastle-upon-Tyne where it operates from three modern factories manufacturing a patented range of Projected Capacitive Technology (PCT™) and Multi-touch Projected Capacitive Technology (MPCT™) sensing products, offering the ultimate touchscreen solution for challenging environments.…
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