Concurrent generated £40.3m revenue in FY24, up 27.4%, and PBT increased to £5.2m, up 49.0%, ahead of any previous period for the business and slightly ahead of our forecasts which we upgraded in January 2025. Defence and aerospace now account for c87% of order intake and further investment is being made to align products with the US DOD open standards initiative, enabling participation in very large markets for smaller market competitors such as Concurrent. Following a complete transformation o ....
