Concurrent H1/21 trading has been strong, with revenue and profitability ahead of the same period last year (which was a record year for revenues), higher gross margin and an increased £12.4m in cash (16.4% of market cap). The order book currently stands at a record £15.9m (H1/20: £13.9m) giving good visibility of future revenues, though the timing of some shipments in Q4/21 and into 2022 has become uncertain due to the widely reported electronic component availability. Concurrent has an experie ....
07 Sep 2021
Cenkos: Concurrent Technologies Plc -- H1/21 Interim results update
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Cenkos: Concurrent Technologies Plc -- H1/21 Interim results update
Concurrent Technologies Plc (CNC:LON) | 94.0 1.5 1.7% | Mkt Cap: 80.5m
- Published:
07 Sep 2021 -
Author:
Ian McInally -
Pages:
7
Concurrent H1/21 trading has been strong, with revenue and profitability ahead of the same period last year (which was a record year for revenues), higher gross margin and an increased £12.4m in cash (16.4% of market cap). The order book currently stands at a record £15.9m (H1/20: £13.9m) giving good visibility of future revenues, though the timing of some shipments in Q4/21 and into 2022 has become uncertain due to the widely reported electronic component availability. Concurrent has an experie ....