Concurrent delivered results ahead of our December 2020 upgraded revenue and PBT forecasts, with record revenues in FY20, up 9% to £21.1m (FY19A: £19.4m). As a supplier to some of the world's most prominent defence companies, Concurrent was designated an essential defence supplier and production, design and development operations substantially continuing throughout the period of COVID-19 interruption. With a strong order book, £11.8m cash and no debt, focussed advanced technology R&D increasing ....
12 Apr 2021
Cenkos: Concurrent Technologies Plc -- FY20 prelim results update
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Cenkos: Concurrent Technologies Plc -- FY20 prelim results update
Concurrent Technologies Plc (CNC:LON) | 102 0 0.0% | Mkt Cap: 87.4m
- Published:
12 Apr 2021 -
Author:
Ian McInally -
Pages:
8
Concurrent delivered results ahead of our December 2020 upgraded revenue and PBT forecasts, with record revenues in FY20, up 9% to £21.1m (FY19A: £19.4m). As a supplier to some of the world's most prominent defence companies, Concurrent was designated an essential defence supplier and production, design and development operations substantially continuing throughout the period of COVID-19 interruption. With a strong order book, £11.8m cash and no debt, focussed advanced technology R&D increasing ....