Trackwise Designs (LON: TWD) CFO Mark Hodgkins joins DirectorsTalk to discuss its prelim results. Mark explains what has driven such a strong performance, why IHT revenues are growing rapidly, how a move to Tewkesbury has helped the business, the additional capacity and the opportunities ahead.
Trackwise is an established business that manufactures specialist products using printed circuit technology. The Company consists of two divisions Radio Frequency (“RF”) and Improved Harness Technology (“IHT”).
The RF business unit manufactures specialist printed circuits which are primarily used in the antenna infrastructure to support the 3G/4G mobile phone networks. However, the technology has a number of other applications which render the RF business a stable revenue generator.
The IHT division utilises the Company’s unique proprietary technology, a patented process that Trackwise Designs has developed to manufacture unlimited length multilayer flexible printed circuits. The Directors believe that the technology has many applications but believe one of its primary uses could be to replace traditional wire harness used in a variety of industries.