Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksCohort Share News (CHRT)

Share Price Information for Cohort (CHRT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,552.00
Bid: 1,542.00
Ask: 1,548.00
Change: 26.00 (1.70%)
Spread: 6.00 (0.389%)
Open: 1,524.00
High: 1,570.00
Low: 1,510.00
Prev. Close: 1,526.00
CHRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.

----------

AIM - WINNERS

----------

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.

----------

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.

----------

AIM - LOSERS

----------

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.

----------

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.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
27 Apr 2023 14:34

TRADING UPDATES: Volex wins contract; Engage XR revenue jumps

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
5 Apr 2023 10:57

IN BRIEF: Cohort shares up on contract renewal with UK MoD

Cohort PLC - Reading, England-based technology company with five businesses serving defence and security sectors - Says its subsidiary MASS Consultants Ltd gets an extension to a contract to provide countermeasures development to the UK Ministry of Defence. Says the contract is valued at GBP8.7 million for a period of five years, starting immediately. Cohort says it is a continuation of a longstanding contract held by MASS for over 27 years. MASS is an IT service management company.

Read more
23 Mar 2023 11:18

IN BRIEF: Cohort's MASS secures contract extension worth GBP5 million

Cohort PLC - Reading, England-based technology company with five businesses serving defence and security sectors - Says that its subsidiary MASS has been awarded an extension to a contract to provide software development, modelling and countermeasures services to the UK Ministry of Defence.

Read more
22 Mar 2023 10:57

Cohort wins GBP11 million contract expansion with European customer

(Alliance News) - Cohort PLC on Wednesday said its wholly owned subsidiary Chess Dynamics Ltd has been awarded an extension to an existing contract.

Read more
22 Mar 2023 10:21

Cohort subsidiary secures contract extension

(Sharecast News) - Technology group Cohort revealed on Wednesday that one of its wholly owned subsidiaries has secured a significant contract extension.

Read more
7 Feb 2023 15:54

UK dividends calendar - next 7 days

Read more
16 Jan 2023 14:02

IN BRIEF: Cohort swings to interim profit as revenue jumps; ups payout

Cohort PLC - Reading, England-based technology company with five businesses serving defence and security sectors - Turns to a pretax profit in the half-year that ended October 31. Swings to pretax profit of GBP1.1 million from a loss of GBP1.7 million a year prior. Revenue surges 29% to GBP77.5 million from GBP60.0 million. Cost of sales increase 37% to GBP53.2 million from GBP38.9 million. Declares interim dividend of 4.25 pence per share, up 10% from 3.85p. Looking ahead, outlook remains unchanged with a "record" high order book of GBP304.2 million at October 31, up 4.5% from GBP291.0 million at April 30. "Overall, we continue to see a positive outlook for organic growth in the years ahead," says Chair Nick Prest.

Read more
29 Dec 2022 13:41

UK dividends calendar - next 7 days

Read more
14 Dec 2022 11:37

Cohort swings to profit; expects stronger second half performance

(Alliance News) - Cohort PLC on Wednesday swung to a profit in the first half, and remains "on track" to meet full-year market expectations.

Read more
14 Dec 2022 10:57

AIM WINNERS & LOSERS: Billington profit to beat 2022 and 2023 forecast

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

Read more
7 Dec 2022 15:51

UK earnings, trading statements calendar - next 7 days

Read more
24 Nov 2022 11:27

IN BRIEF: Cohort wins GBP5 million electronic warfare contract

Cohort PLC - Reading-based defence and security markets-focussed technology - Says subsidiary MASS Consultants Ltd has won a GBP5 million contract for electronic warfare operational support services to an export customer. Adds this is a four-year extension to a contract that MASS has been undertaking for the past 15 years. Chief Executive Andrew Thomis says: "MASS's specialist expertise enables customers to get the very best out of their electronic warfare capability. This contract extension further strengthens our order book and enhances the visibility of the group's revenues in this financial year and beyond."

Read more
28 Sep 2022 06:52

IN BRIEF: Cohort expects better trading in new financial year

Cohort PLC - Reading-based defence and security markets-focussed technology - On Tuesday posts optimistic outlook for current financial year, that started on May 1. Expects trading performance to be ahead of the past financial year. Anticipates further progress in the next financial year, citing current orders for long-term delivery and its pipeline of opportunities. Net funds as at September 23 fall 35% to GBP7.2 million from GBP11.0 million at April 30, "reflecting the timing of working capital flows," firm explains.

Read more
27 Sep 2022 15:58

UK dividends calendar - next 7 days

Read more
20 Sep 2022 15:53

UK shareholder meetings calendar - next 7 days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.