Cohort’s MCL operation has announced the award of an additional £9.9m four-year contract for the provision of hearing protection systems to the UK MoD. With Cohort having completed the minority buyout on 1 February, the increased visibility from the hearing protection revenue stream now provides greater support for MCL’s medium-term forecasts, increasing earnings quality. Cohort has continued to outperform the market so far this year, continuing to trend towards our fair val
10 Mar 2017
Protection for hearing and earnings
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Protection for hearing and earnings
Cohort plc (CHRT:LON) | 756 -151.2 (-2.6%) | Mkt Cap: 314.0m
- Published:
10 Mar 2017 -
Author:
Andy Chambers -
Pages:
2
Cohort’s MCL operation has announced the award of an additional £9.9m four-year contract for the provision of hearing protection systems to the UK MoD. With Cohort having completed the minority buyout on 1 February, the increased visibility from the hearing protection revenue stream now provides greater support for MCL’s medium-term forecasts, increasing earnings quality. Cohort has continued to outperform the market so far this year, continuing to trend towards our fair val