March 20, 2018 / 7:32 AM / 3 months ago

BRIEF-IQE Plc Posts FY Adjusted Pretax Profit Of ‍24.3​ Mln Pounds

* FY REVENUE ‍154.5​ MILLION STG VERSUS 132.7 MILLION STG AS REPORTED YEAR-AGO

* FY ADJUSTED PROFIT BEFORE TAX ‍24.3​ MILLION STG VERSUS 20.6 MILLION STG AS REPORTED YEAR-AGO

* FY CASH GENERATED FROM OPERATIONS ‍29.7​ MILLION STG VERSUS 22.5 MILLION STG AS REPORTED YEAR-AGO

* ‍FY WAFER SALES UP 21% TO £152.6M​

* ‍PHOTONICS REVENUE EXPECTED TO GROW C.35% TO 60% IN 2018​

* ‍FY INFRARED REVENUE EXPECTED TO GROW C. 5% TO 15% IN 2018​

* SEES ‍POTENTIAL FOR STRONG GROWTH IN 2019 AND BEYOND​ Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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