SRT Marine Systems has reported an encouraging FY25 update to June, showing revenue +1% ahead to £77.5m, adj PBT in-line, and gross cash +16% ahead of expectations. FY25E highlights SRT’s transformational year through the delivery and recognition of significant Systems revenue milestones from five sovereign customers, and progress in the Transceivers division. Group revenue of £77.5m is a pleasant +1% nudge up from recently reinstated £77.1m forecasts, and in-line adj PBT of £4.7m, excludes for ....
