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Insider UK
Insider UK
Technology
Peter A Walker

Calnex reports 38% revenue rise to £12.7 million

Calnex Solutions has reported a 38% increase in revenue from £9.3m to £12.7m year-on-year, backed by a 34% increase in profit before tax from £2.3m to £3.1m.

The Linlithgow-based provider of test and measurement solutions for the telecommunications sector released its unaudited results for the six months ended 30 September, which also showed that £1.3m of cash generated after £2.3m net costs for the recent iTrinegy acquisition.

The board has announced an interim dividend of 0.31p pence per share, to be paid in December.

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