Cohort delivered another year of growth in what remained quite a constrained defence spending environment in its domestic markets. The recently acquired Chess Technologies delivered a stronger than expected performance in its initial period of consolidation, helping to mitigate the slippage of profits into FY20 at EID as an export contract was signed too late to be shipped in FY19. The record order intake and stronger backlogs across the group provide a solid foundation for growth, enhanced b
26 Jul 2019
Cohort - Strong order intake bodes well
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Cohort - Strong order intake bodes well
Cohort plc (CHRT:LON) | 772 -30.9 (-0.5%) | Mkt Cap: 320.7m
- Published:
26 Jul 2019 -
Author:
Andy Chambers -
Pages:
7
Cohort delivered another year of growth in what remained quite a constrained defence spending environment in its domestic markets. The recently acquired Chess Technologies delivered a stronger than expected performance in its initial period of consolidation, helping to mitigate the slippage of profits into FY20 at EID as an export contract was signed too late to be shipped in FY19. The record order intake and stronger backlogs across the group provide a solid foundation for growth, enhanced b