
02 Apr 2024
Cordel Group plc (CRDL LN) - Encouraging trading update
Cordel has issued a short but positive update for the quarter to the end of March. The Group is making good progress with the contract pipeline and reiterated revenue guidance for the full year. Key relationships with Amtrak, Angel Trains and Network Rail are growing, and Cordel continues to ramp-up business development activity in new and existing markets. Selective hiring to complete the build-out of the team and platform has continued but is nearly complete; operational gearing is now high. T ....

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Cordel Group plc (CRDL LN) - Encouraging trading update
Cordel Group PLC (CRDL:LON) | 7.2 0 3.6% | Mkt Cap: 15.7m
- Published:
02 Apr 2024 -
Author:
Robin Byde -
Pages:
5 -
Cordel has issued a short but positive update for the quarter to the end of March. The Group is making good progress with the contract pipeline and reiterated revenue guidance for the full year. Key relationships with Amtrak, Angel Trains and Network Rail are growing, and Cordel continues to ramp-up business development activity in new and existing markets. Selective hiring to complete the build-out of the team and platform has continued but is nearly complete; operational gearing is now high. T ....