Member Article

Profits increase at touch technology specialists Zytronic

Blaydon-based touch technology manufacturers Zytronic have revealed a healthy rise in operating profit from £775k last year to just over £1.4 million, in the six months to the end of March.

The firm said bigger margins had attributed to the gains, along with a better mix of larger format touch products and production efficiencies.

Zytronic benefited from a redesign in the ATM market, increased orders from ticket machine manufacturing in EMEA and large format sized gaming applications in the USA.

Earnings per share increased to 7.7p across the six month period, up from 4.1p in the same period the previous year.

Chairman, Tudor Davies said: “We have a good pipeline of future prospects from both existing and new customers and with current trading continuing at the recently improved levels, we expect to make further progress.”

Zytronic operate three factories across there Balydon base where they assemble touch sensors using special glass and plastic materials, in environmentally controlled clean rooms.

This was posted in Bdaily's Members' News section by Tom Keighley .