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Cohort plc ( (GB:CHRT) ) has provided an update.
Cohort plc reported a record performance for the first half of the year, with a 25% increase in revenue and a 69% rise in adjusted operating profit. The company anticipates continued growth in the second half, driven by increased defense spending due to international tensions. The acquisition of EM Solutions Pty Ltd is expected to enhance earnings, while the acquisition of Interactive Technical Solutions Limited strengthens its Communications and Intelligence division.
More about Cohort plc
Cohort plc is a UK-based technology group operating in the defense and related markets, with divisions in Communications and Intelligence, and Sensors and Effectors. It provides services and products for both domestic and export customers through its businesses in the UK, Germany, and Portugal.
YTD Price Performance: 89.88%
Average Trading Volume: 148,175
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £467.6M
See more data about CHRT stock on TipRanks’ Stock Analysis page.
