Cohort Share News (CHRT)

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.

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.

UK dividends calendar - next 7 days

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.

UK dividends calendar - next 7 days

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.

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.

UK earnings, trading statements calendar - next 7 days

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."

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.

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

IN BRIEF: Cohort subsidiary wins GBP34 million contract with UK MoD

Cohort PLC - Reading-based defence and security markets-focussed technology - Says its subsidiary Systems Engineering & Assessment Ltd has won a new contract worth around GBP34 million with the UK Ministry of Defence. Under the agreement, SEA will provide systems and equipment upgrade of the anti-submarine warfare and countermeasures systems on some of the platforms "crucial" to the Royal Navy. It will also provide in-service support for these systems across the naval fleet for a period of five years with the option to further extend for two years.

UK dividends calendar - next 7 days

EXECUTIVE CHANGES: Cohort co-founder out; Nuformix co-founder back

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News: