RISING revenues from touch sensors have helped Zytronic to increased revenue of £9.1m in its latest results.
The Blaydon firm’s revenues rose by 11% in the six months to March 31, while pre-tax profit was up 19% to £1.3m. The company has moved away from “lower growth electronic display products” in recent years following the development of its Zypos and Zybrid touch sensor products, which now account for 66% of revenues compared to 56% six months ago.
It now supplies sensors for the Coca Cola Freestyle vending machines, and the Gaggenau induction cooktops, while also seeing growth in digital signage and rebounding sales in gaming and entertainment. Sales in ATM products have reduced over the same period.
Non-executive chairman Tudor Davies said: “The increasing acceptance of our touch sensors across an expanding number of geographic regions and applications, and the current healthy inflow of orders, provides a good platform for continuing growth and shareholder value.”
