FY19 revenue increased 16.9% to £19.4m following a strong H2/19, c9% ahead of forecast. New products released included Concurrent's first AI board, aimed at the military market. Order intake was strong, especially during H2/19, continuing into 2020. Inevitably COVID-19 has caused uncertainty about H2/20 activity levels and potential delays from customers, though there has been no immediate slow-down. Concurrent is a supplier to some of the world's most prominent defence companies in the UK and U ....

23 Apr 2020
Cenkos: Concurrent Technologies Plc -- Final results update

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Cenkos: Concurrent Technologies Plc -- Final results update
Concurrent Technologies Plc (CNC:LON) | 198 -1 (-0.3%) | Mkt Cap: 170.7m
- Published:
23 Apr 2020 -
Author:
Ian McInally -
Pages:
6 -
FY19 revenue increased 16.9% to £19.4m following a strong H2/19, c9% ahead of forecast. New products released included Concurrent's first AI board, aimed at the military market. Order intake was strong, especially during H2/19, continuing into 2020. Inevitably COVID-19 has caused uncertainty about H2/20 activity levels and potential delays from customers, though there has been no immediate slow-down. Concurrent is a supplier to some of the world's most prominent defence companies in the UK and U ....