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Share Price: 270.00

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Change: -5.00 (-1.82%)

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Journeo gets GBP1 million public transport display systems orders

Wed, 17th Mar 2021 11:48

(Alliance News) - Journeo PLC on Wednesday announced it had received new purchase orders worth GBP1.1 million for its public transport information systems.

The Ashby-de-la-Zouch, England-based company said the purchase orders include the supply of its latest double-sided solar powered display systems. It did not say who had placed the purchase orders.

Shares in Journeo were up 13% at 112.00 pence in London on Wednesday.

Around GBP700,000 is expected to be delivered in the current financial year, Journeo added.

"We have been investing in renewable energy powered technologies for some time now, and we are delighted that the orders being announced today, include a number of our latest low energy solar-powered systems," said Chief Executive Russ Singleton.

Back in January, Journeo received purchase orders worth GBP1.3 million for the supply of its public transport information systems from an unnamed northern transport partnership.

By Zoe Wickens; zoewickens@alliancenews.com

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9 Feb 2023 10:10

IN BRIEF: Journeo expects annual profit to be in line with market view

Journeo PLC - Information systems and transport technical services group - Says 2022 order intake is up 50% to GBP27 million from GBP18 million a year earlier, which provides good earnings visibility for the current financial year. Revenue is up 35% to GBP21.1 million from GBP15.6 million. Journeo notes that across the year, the total number of vehicles connected to Journeo's software and services platform are up significantly to 10,000, from 4,000 in 2021, each generating monthly recurring revenues. Expects full-year profit to be in line with market expectations. Says it continues to work with suppliers and customers to mitigate supply chain issues, shipping and associated price increases.

5 Jan 2023 14:38

IN BRIEF: Journeo issues 333,333 new shares connected to retail offer

Journeo PLC - Information systems and transport technical services group - Says 333,333 shares will be issued at 105 pence per share in connection to its retail offer. Says retail offer was significantly oversubscribed. Says allocations were made to existing shareholders. Says it raised gross proceeds of GBP7.4 million from the 333,333 retail offer shares, alongside 6.1 million placing shares and 523,806 subscription shares.

23 Dec 2022 10:22

Journeo shares jump on GBP500,000 information systems purchase order

(Alliance News) - Journeo PLC shares were up on Friday, after it said it has won a GBP500,000 purchase order from an unnamed transport partnership for northern England.

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(Alliance News) - Journeo PLC on Thursday said it has agreed to acquire IGL Ltd for around GBP8.7 million, funded by a share issue.

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19 Dec 2022 13:41

Journeo awarded contract to supply ScotRail with Portal software

(Alliance News) - Journeo PLC on Monday awarded a contract with Network Rail for ScotRail, to provide advanced Journeo Portal software.

19 Dec 2022 09:05

Journeo wins £1.2m contract with Network Rail

(Sharecast News) - Technology group Journeo has secured a £1.2m contract with Network Rail for ScotRail that will see the company provide its advanced Portal software and associated services, as well as two years of software licensing.

5 Dec 2022 16:31

Journeo wins £0.7m bus stop display order

(Sharecast News) - Information systems and transport technical services provider Journeo has received a £0.7m purchase order for the supply and support of its advanced displays technology, it announced on Monday, from a Northern transport partnership.

5 Dec 2022 14:06

IN BRIEF: Journeo wins GBP700,000 information systems purchase order

Journeo PLC - Leicestershire, England-based transport information systems - Receives GBP700,000 purchase order for the supply and support of its advanced displays technology from a Northern Transport Partnership. Under the agreement, Jorneo will supply 100 double-sided TFT LCD displays across transport corridors during the first six months of 2023.

19 Sep 2022 10:05

IN BRIEF: Journeo wins contract with FirstGroup arm for Dublin Airport

Journeo PLC - Leicestershire, England-based transport information systems - Wins contract to provide information systems for shuttle buses from Dublin Airport terminals to car parks. The agreement includes both software and support services and is worth GBP700,000 to Journeo over its five-year term. First delivery is in the first quarter of 2023, and GBP300,000 worth will be commissioned in the first year. The contract is with Aircoach, an Irish subsidiary of Aberdeen, Scotland-based public transport provider FirstGroup PLC.

5 Sep 2022 12:10

IN BRIEF: Journeo interim profit flat as costs outpace revenue growth

Journeo PLC - Leicestershire, England-based transport system services provider - Reports widening expenses offsetting revenue increase. Pretax profit in the six months to June 30 flat at GBP167,000 versus GBP166,000 a year prior. Revenue grows 23% to GBP8.9 million from GBP7.2 million. However, cost of sales widen by 27% to GBP5.6 million from GBP4.4 million. Administrative expenses grow by 17% to GBP3.0 million from GBP2.6 million. Finance expenses increase by 39% to GBP117,000 from GBP84,000.

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