Calnex Solutions has reported a 25% increase in revenue from £22m to £27.4m and profit before tax rising 21% from £6m to £7.2m.
The Linlithgow-based telecommunications test and measurement solutions company posted its audited results for the 12 months ended 31 March 2023, revealing performance driven by growth in cloud computing and the roll out of 5G networks.
Trading in the first quarter of this year has continued as anticipated, with the board stating confidence in delivering results in line with market expectations, as revised this March.
