Journeo’s FY25E update points to another strong year, with 10% YoY revenue growth to £55m and adj. PBT +14% YoY to £5.7m, slightly ahead of the £5.6m forecast. Net cash was £12m, significantly ahead of the £9m forecast, primarily due to disciplined working capital management. CFDS has already demonstrated its value following the £5m UK utility framework win immediately post-acquisition in September and subsequent £2.3m purchase orders under the framework for high-security infrastructure protecti ....
