SRT Marine Systems has reported an 1H26 trading update for the 6M to Dec-25, that shows revenue of £51.1m (1H25: £26.2m, +95% yoy), PBT of £3.1m (Cav adj PBT: c£3.4m vs 1H25: £3.0m, excludes SBP and 1H25 exceptional) and gross cash balance of £41.5m (1H25: £22.4m). After a strong set of FY25 results (Oct-25), today’s update has highlighted continued delivery of multiple Systems project revenue from active contracts worth £300m, and commensurate cash receipts. The update confirms 1H26 cash has be ....
