Concurrent Technologies' interim results confirm the worldwide shortage of semiconductor components has placed significant headwinds in front of the business, inevitably slowing manufacturing output and order shipments to customers. None of these delays have led to any loss of underlying business, however, we anticipate a significant period of growth to follow the normalisation of component supply chains, fulfilling both delayed backlog and a rapidly growing order intake. Investment in R&D doubl ....
26 Sep 2022
Cenkos: Concurrent Technologies Plc -- H1/22 update – supply problems frustrate
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Cenkos: Concurrent Technologies Plc -- H1/22 update – supply problems frustrate
Concurrent Technologies Plc (CNC:LON) | 90.0 0 0.0% | Mkt Cap: 77.1m
- Published:
26 Sep 2022 -
Author:
Ian McInally -
Pages:
28
Concurrent Technologies' interim results confirm the worldwide shortage of semiconductor components has placed significant headwinds in front of the business, inevitably slowing manufacturing output and order shipments to customers. None of these delays have led to any loss of underlying business, however, we anticipate a significant period of growth to follow the normalisation of component supply chains, fulfilling both delayed backlog and a rapidly growing order intake. Investment in R&D doubl ....