Zytronic sees underlying FY profit significantly ahead

Zytronic said its its underlying profit (before this non-cash item) is expected to be significantly ahead of last year and at least in line with market expectations.

It said H2 has shown a continuing trend to that reported in H1, with touch product revenues increasing relative to both traditional products and year on year.

However, reported profit before tax for the full year will reflect the impact of a c. £0.9m non-cash provision arising from the Group's foreign exchange policy.