Thin Film Electronics - Beginning to implement its revised strategy

Thinfilm's Q119 results give the first indication of how its revised strategy, focused on driving market adoption of its NFC solutions, will potentially take the company to break-even in FY21. Our estimates will remain under review until there is greater visibility of the impact of the ongoing restructuring programme aimed at saving US$21m annualised costs when completed, following publication of the Q219 results.

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