This morning, Concurrent Technologies, the supplier of Intel based embedded computer systems, announced prelim results for the year to December 2018. Revenue was 2.5% ahead of 2017 and we forecast record revenue in FY19 with a strong order book at the beginning of the current period. Cash generation during 2018 was positive with FY17 cash and short term deposits of £7.7m (c15% of current market cap). Concurrent has started 2019 strongly, confirming healthy order book, and we forecast record reve ....
04 Apr 2019
Cenkos: Concurrent Technologies Plc - 2018 prelim results
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Cenkos: Concurrent Technologies Plc - 2018 prelim results
Concurrent Technologies Plc (CNC:LON) | 88.0 0.9 1.1% | Mkt Cap: 75.4m
- Published:
04 Apr 2019 -
Author:
Ian McInally -
Pages:
6
This morning, Concurrent Technologies, the supplier of Intel based embedded computer systems, announced prelim results for the year to December 2018. Revenue was 2.5% ahead of 2017 and we forecast record revenue in FY19 with a strong order book at the beginning of the current period. Cash generation during 2018 was positive with FY17 cash and short term deposits of £7.7m (c15% of current market cap). Concurrent has started 2019 strongly, confirming healthy order book, and we forecast record reve ....