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Pin to quick picksCohort Share News (CHRT)

Share Price Information for Cohort (CHRT)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 1,512.00
Bid: 1,504.00
Ask: 1,514.00
Change: -6.00 (-0.40%)
Spread: 10.00 (0.665%)
Open: 1,518.00
High: 1,520.00
Low: 1,510.00
Prev. Close: 1,518.00
CHRT Live PriceLast checked at -

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AIM WINNERS & LOSERS: Revolution drops after GBP21 million fundraise

Wed, 26th May 2021 10:19

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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AIM - WINNERS

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Norman Broadbent PLC, up 17% at 9.98 pence, 12-month range 4p-9.98p. Extends gains after closing up 31% on Tuesday. The recruitment and professional services firm on Tuesday posted a pretax loss of GBP193,000 in 2020, swung from a GBP84,000 profit in 2019, as annual revenue dropped 32% to GBP7.8 million. However, it remained profitable on an earnings before interest, tax, depreciation and amortisation basis, which fell to GBP69,000 from GBP238,000.

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Alien Metals Ltd, up 8.5% at 1.25p, 12-month range 0.08p-3.19p. The minerals exploration and development company says initial results from six samples at Elizabeth Hills silver tailings project subjected to test leaching by ALS Perth are "very encouraging" and return high levels of silver recovery. Adds it has extended exclusivity period with the project owner for further 45 days to factor in backlog of work from laboratories in Perth. "This extension will allow Alien to undertaken further assessment over the potential retreatment and recovery of the silver tailings as discussions continue regarding the potential acquisition of the project," company says.

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AIM - LOSERS

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Revolution Bars, down 29% at 23.35p, 12-month range 8p-41.95p. The bar operator raises GBP21 million in fundraise priced at 20p each. Price represented 40% discount to 33.1p closing price on Tuesday. "Thanks to the support of our shareholders and new investors, this successful fundraising will allow Revolution Bars to emerge from this period of disruption in a strong position with a fit-for-purpose balance sheet which provides us with ongoing financial flexibility and an excellent platform from which to deliver for all our shareholders," says Chief Executive Rob Pitcher, adding that firm has traded "outstandingly" since initial lifting of UK lockdown restrictions.

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Cohort PLC, down 8.2% at 615.40p, 12-month range 507.1p-690.93p. Says that despite strong closing order book, delays in the placing of some orders with subsidiary EID, representing around a third of EID's revenue, is likely to hit EID's trading performance in 2022 financial year. EID designs and manufactures advanced communications systems for naval and military customers. Cohort says that while overall revenue expectations for year ahead are unchanged, the mix of revenue is expected to result in reduction of group's overall profit margin and, accordingly, a lower rate of profit growth.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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29 May 2025 12:03

Cohort reports record order book amid growth in revenue and profit

(Alliance News) - Cohort PLC on Thursday said trading in the 2025 financial year was in line with expectations as it hailed a record closing order book.

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29 May 2025 09:12

Cohort ends FY25 with record closing order book

(Sharecast News) - Independent technology group Cohort said on Thursday that it had wrapped up the year ended 30 April with a record closing order book, driven by strong growth throughout the period, in line with expectations.

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6 May 2025 14:59

CORRECT: Cohort subsidiary wins five-year contract with Thales UK

(Corrects the length of the contract, which is different to that of the 15-year MSET programme.)

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1 May 2025 14:18

IN BRIEF: Cohort subsidiary wins 15-year contract with Thales UK

Cohort PLC - Reading, England-based technology firm - Announces that its subsidiary Systems Engineering Assessment Ltd has secured a 15-year contract with Thales UK as part of the Maritime Sensor Enhancement Team programme. Says SEA will provide waterfront support maintenance, repairs and regulatory inspections on the towed array handling equipment at the Royal Navy's UK dockyards and overseas.

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1 May 2025 11:51

Cohort subsidiary SEA wins 15-year contract with Thales UK

(Sharecast News) - Cohort announced on Thursday that its subsidiary Systems Engineering & Assessment (SEA) has been awarded a 15-year contract worth £8m by Thales UK under the Maritime Sensor Enhancement Team (MSET) programme.

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28 Apr 2025 09:26

LONDON BROKER RATINGS: Berkeley and Advanced Medical Solutions raised

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

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28 Apr 2025 08:30

RBC Capital starts coverage of Cohort, Chemring and Qinetiq

(Sharecast News) - RBC Capital Markets initiated coverage of SMID UK defence companies Cohort, Chemring and Qinetiq on Monday, with a preference for products over services.

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12 Feb 2025 09:56

Cohort subsidiary wins extension to JCSAT contract

(Sharecast News) - Technology group Cohort's MASS Consultants subsidiary has been awarded an extension to its Joint Command and Staff Training contract for UK Strategic Command.

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12 Feb 2025 09:20

IN BRIEF: Cohort wins GBP17.5 million JCAST contract extension

Cohort PLC - Reading, England-based technology firm - Says its subsidiary MASS Consultants Ltd has won an extension to the Joint Command and Staff Training contract for UK Strategic Command. The extension is for a further two years, until 2027 and has a value in excess of GBP17.5 million.

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11 Feb 2025 11:39

UK dividends calendar - next 7 days

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31 Jan 2025 11:33

Cohort completes acquisition of Aussie firm EM Solutions

(Sharecast News) - Cohort announced the completed acquisition of EM Solutions on Friday, following earlier announcements in November and January.

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31 Jan 2025 08:48

IN BRIEF: Cohort completes acquisition of Australia-based EM Solutions

Cohort PLC - Reading, England-based technology firm - Completes its takeover of Brisbane, Australia-based naval communications firm EM Solutions Pty Ltd. It will operate as the seventh stand-alone business within Cohort, reporting through the Communications & Intelligence division. Cohort announced in November it had agreed to buy EM Solutions for AUD144.0 million, about GBP75 million at the time.

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9 Jan 2025 16:56

Cohort subsidiary secures Italian submarine contract extension

(Sharecast News) - Technology company Cohort announced on Thursday that its German subsidiary ELAC Sonar has been awarded a €16.4m contract amendment.

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9 Jan 2025 12:05

IN BRIEF: Cohort subsidiary wins EUR16 million contract amendment

Cohort PLC - Reading, England-based technology firm - Says its German subsidiary, ELAC Sonar GmbH, has received a contract amendment to the value of EUR16.4 million, for the delivery of a sonar system to an additional unit of the Italian Navy's new build submarine programme. The amendment brings the 2021 contract's total value up to EUR100 million, and covers the supply of sonar systems to four submarines.

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2 Jan 2025 12:06

UK dividends calendar - next 7 days

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