Updates

Anite - Wireless testing orders grow 49% to Â£31m in latest six months

January 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

More new highs followed H1 results, which showed a continuing strong performance in the wireless division. Overall, turnover was up 20% to Â£42.3m and adjusted pretax profit was up 160% to Â£6.5m. Eps was 1.6p. Net cash was Â£28.4m. The focus of most attention remains the Handset Testing business where sales were Â£20.6m, up 35% year-on-year and operating profit was Â£3.5m, up 11%. The half finished strongly with the business concluding a number of deals in late October that had been anticipated to complete in the early weeks of the second half. 2G and 3G revenues have stabilised whilst Anite's traction in 4G (LTE) continues to build with LTE now 24% of Handset Testing's revenues (versus 12% in FY 2010 and 21% in Q4 2010). Impress ...

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Low & Bonar

Innovation Group

Anite (October 2013)

Anite (August 2013)

Anite - Buys handset performance testing business (March 2013)

Anite - 230% gain since tip (January 2013)

Anite (October 2012)

Anite - 190% gain since recommendation (August 2012)

Anite - Shares triple since August '10 main tip at 43p (April 2012)

Anite - Continues to outperform with LTE products (March 2012)

Anite - 30% jump in consensus forecasts (December 2011)

Anite - Better than expected results (July 2011)

Anite (May 2011)

Anite (March 2011)

Anite (October 2010)

Anite - Big beneficiary of 4G LTE (August 2010)

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