Source - Alliance News

CML Microsystems PLC - Maldon, England-based radiofrequency semiconductor maker - Expects trading for the year ended March 31 to be slightly ahead of market expectations. Says its positive net cash positive was boosted by robust trading and the sale of one of its property assets. As at March 31 cash was roughly £25 million. The net cash position on the same date a year before was £8.5 million. Notes that its forward order book remains strong. Confident it can deliver significant, sustainable growth over the coming years.

Current stock price: 353.50 pence, up 4.6% on Tuesday

12-month change: up 5.5%

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