The announcement of a €4.8m vehicle communications contract win for the Portuguese Army is in addition to the prospects indicated at the AGM on 11 September. It suggests that positive order book momentum is building as we approach the H118 period end. The shares have continued to perform well since the prelims in July, but remain on a relatively undemanding FY20e P/E of 12.5x.
04 Oct 2018
Cohort - Encouraging order development
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Cohort - Encouraging order development
Cohort plc (CHRT:LON) | 741 -163 (-2.9%) | Mkt Cap: 307.8m
- Published:
04 Oct 2018 -
Author:
Andy Chambers -
Pages:
2
The announcement of a €4.8m vehicle communications contract win for the Portuguese Army is in addition to the prospects indicated at the AGM on 11 September. It suggests that positive order book momentum is building as we approach the H118 period end. The shares have continued to perform well since the prelims in July, but remain on a relatively undemanding FY20e P/E of 12.5x.