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:
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CML Microsystems Plc Chris Gurry, Group Managing Director |
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Shore Capital Toby Gibbs James Thomas Lucy Bowden Fiona Conroy (Corporate Broking) |
Tel: +44(0)20 7408 4090 |
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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.