AGM Statement
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CML Microsystems Plc, which develops mixed-signal, RF and microwave semiconductors for global communications markets, will hold its Annual General Meeting today at 11.00am at which Nigel Clark, Non-Executive Chairman, will provide the following trading update.
Trading Update
The Group's operating results across the opening four months of the financial year are slightly ahead of the comparable period and are on track to meet market expectations for the year as a whole. We continue to expect an improvement in customer inventory levels to commence during the second half of the financial year.
The Board is pleased with the underlying progress the business is making and remains excited by the growth opportunities being addressed.
| 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 |
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