AGM Statement

Summary by AI BETAClose X

CML Microsystems Plc announced at its Annual General Meeting that the business entered FY27 with strong momentum, continuing a positive trend from the prior year's final quarter with both revenue growth and an improving order intake. Trading in the opening months of the current financial year has been robust, with revenue in line with and order intake ahead of expectations, driven by firmer demand across all key market verticals. The Board is confident in its growth strategy, and a return to operational profitability is now anticipated earlier in the current financial year than previously forecast.

Disclaimer*

CML Microsystems PLC
11 August 2026
 

11 August 2026

CML Microsystems Plc

("CML", the "Company" or the "Group")

 

AGM Statement

 

CML Microsystems Plc (AIM: CML), which develops mixed-signal, RF and microwave semiconductors for global communications markets, will hold its Annual General Meeting today at 9.30am at which Nigel Clark, Non-Executive Chairman, will provide the following trading update.

Trading Update

The business entered FY27 with encouraging momentum following a positive final quarter in the prior financial year with both revenue growth and an improving order intake. This progress has continued into the current financial year with firmer demand across all key market verticals. This uplift has supported trading, with the opening months delivering revenue in line with, and order intake ahead of, our expectations. The Board remains confident in its growth strategy and a return to operational profitability now looks likely to be achieved earlier in the current financial year than previously expected.

Enquiries:

 

CML Microsystems Plc

Chris Gurry, Group Managing Director
Nigel Clark, Non-Executive Chairman

 

  
  Tel: +44(0)1621 875 500

Shore Capital

Toby Gibbs

James Thomas

Lucy Bowden

Fiona Conroy (Corporate Broking)

 

 Tel: +44(0)20 7408 4090 

Alma Strategic Communications

Josh Royston

Andy Bryant

Robyn Fisher

Emma Thompson

 Tel: +44 (0)20 3405 0212

 

 

About CML Microsystems Plc

CML develops mixed-signal, RF and microwave semiconductors for global communications markets. The Group utilises a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia and USA. CML targets sub-segments within Communication markets with strong growth profiles and high barriers to entry. It has secured a diverse, blue chip customer base, including some of the world's leading commercial and industrial product manufacturers.

Growth in its end markets is being driven by factors such as the appetite for data to be transmitted faster and more securely, the upgrading of telecoms infrastructure around the world and the growing prevalence of private commercial wireless networks for voice and/or data communications linked to the industrial internet of things (IIoT).

The Group is cash-generative, has no debt and is dividend paying.

 

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