Filtronic Projects To Post FY12 Profit

Filtronic PLC FLTCF said it projects to post a profit for the year ended May 31. Filtronic expects sales for each of its broadband and wireless businesses to reach 13 million British pounds ($20.1 million). It posted a pretax loss of GBP7.0 million in the year-ago period. Filtronic will announce preliminary results for the year to May 31 on July 23.