Concurrent Technologies has released interim results for the 6-month to 30 June 2023 with revenue, gross profit and PBT up strongly versus H1/22A. Product demand increased further with order intake in H1/23 of £14.5m. The contracted work backlog was up to £29.0m from £20.3m in H1/22A providing good revenue visibility. Constraints within component supply have remained a challenge during the period, though supply chains are continuing to improve, both in availability and lead times, with H2/23E se ....
19 Sep 2023
Concurrent Technologies - Solid interims underpin outlook for substantial growth
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Concurrent Technologies - Solid interims underpin outlook for substantial growth
Concurrent Technologies Plc (CNC:LON) | 248 -3.7 (-0.6%) | Mkt Cap: 225.7m
- Published:
19 Sep 2023 -
Author:
Ian McInally -
Pages:
12 -
Concurrent Technologies has released interim results for the 6-month to 30 June 2023 with revenue, gross profit and PBT up strongly versus H1/22A. Product demand increased further with order intake in H1/23 of £14.5m. The contracted work backlog was up to £29.0m from £20.3m in H1/22A providing good revenue visibility. Constraints within component supply have remained a challenge during the period, though supply chains are continuing to improve, both in availability and lead times, with H2/23E se ....