13 November 2023
CML Microsystems Plc
("CML", the "Company" or the "Group")
Notice of Results
CML, which develops mixed-signal, RF and microwave semiconductors for global communications markets, intends to announce its interim results for the six-month period to 30 September 2023 on Tuesday 5 December 2023.
Analyst Presentation
Chris Gurry, Group Managing Director and Nigel Clark, Executive Chairman, will be hosting a presentation for analysts at 11.00am on the day. Analysts wishing to attend should email cml@almastrategic.com for joining information.
CML Microsystems Plc Chris Gurry, Group Managing Director |
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Shore Capital Toby Gibbs James Thomas Lucy Bowden Fiona Conroy (Corporate Broking)
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Tel: +44(0)20 7408 4090 |
Alma Strategic Communications Josh Royston Andy Bryant Matthew Young |
Tel: +44 (0)20 3405 0212
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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.
The spread of its customers and diversity of the product range largely protects the business from the cyclicality usually associated with the semiconductor industry. 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.