Calnex Solutions: Passing the Interims Growth Test

The Interims reported to September 2021 from Calnex Solutions (AIM: CLX) 131p, Mkt Cap £115m, continued the strong levels of trading and its expected to continue. Revenue improved 19.8% to £9.25m with PBT increasing 18.4% to £2.3m. CLX provides test and measurement solutions for the telecommunications sector and business has return to pre-COVID levels in all regions, other than China. 

This positive trend is being helped by global structural growth drivers in the telecoms market including the mass roll-out of 5G networks, Internet of Things and cloud services creating rapid and long-term changes with smart cities etc. CLX’s solutions are essential for network synchronization and network emulation (cloning / replication), enabling its customers to validate the performance of the critica...

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