Concurrent Technologies this morning announced interim results for the period to 30 June 2018. Revenue was marginally ahead of H1/17 at £7.9m with gross margin slightly lower at 51.7% (54.8%) mainly due to a different product sales mix. Investment in R&D continues to broaden the product portfolio, creating new opportunities with both existing and potential new customers. Concurrent has a strong position within a niche market with long-term customers and offers a prospective FY18E yield of 2.9%, ....
12 Sep 2018
Cenkos: Concurrent Technologies Plc - Interim results
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Cenkos: Concurrent Technologies Plc - Interim results
Concurrent Technologies Plc (CNC:LON) | 83.5 0.4 0.6% | Mkt Cap: 71.5m
- Published:
12 Sep 2018 -
Author:
Ian McInally -
Pages:
6
Concurrent Technologies this morning announced interim results for the period to 30 June 2018. Revenue was marginally ahead of H1/17 at £7.9m with gross margin slightly lower at 51.7% (54.8%) mainly due to a different product sales mix. Investment in R&D continues to broaden the product portfolio, creating new opportunities with both existing and potential new customers. Concurrent has a strong position within a niche market with long-term customers and offers a prospective FY18E yield of 2.9%, ....