Quixant’s CEO, Jon Jayal, runs through the highlights of the group’s FY19 performance and the steps management has taken to return the business to a growth trajectory and improve revenue visibility. He discusses the competitive dynamics among the company’s gaming customer base and the improving design win momentum within this segment, which should stand the business in good stead once demand in the gaming industry recovers. For Densitron, he discusses the company’s decision to accelerate and prioritise medical customers in the near term to support the COVID-19 response and progress with the company’s strategy of targeting individual vertical markets with high-value products, starting with the broadcast market. He discusses the anticipated impact of COVID-19 on trading and the actions that management has taken to mitigate it, before discussing the rationale behind the recently announced board changes.
Quixant (AIM: QXT) is a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries.