CML Microsystems on Track to Meet FY 2022 Market Views

By Jaime Llinares Taboada

CML Microsystems PLC said Wednesday that it is on track to achieve market expectations for the year to March 31, 2022.
The semiconductor company said that positive business momentum has continued through the first half of the fiscal year, with revenue currently tracking ahead of management expectations.

CML said the strong start of the year, coupled with uncertainty around second-half demand, opens the possibility for full-year profit to be weighted to the first half.
Shares at 0711 GMT were up 2.5% at 415 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT