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Cohort plc ( (GB:CHRT) ) just unveiled an update.
Cohort plc announced a revised timeline for the acquisition of EM Solutions Pty Ltd, a subsidiary of Electro Optic Systems Holdings Limited, with completion now expected by the end of February 2025. The company anticipates that any changes in the financial contribution from this acquisition for the fiscal year will be minimal, suggesting a limited immediate impact on Cohort’s financials, but potentially strengthening its strategic position in the technology and defense sectors.
More about Cohort plc
Cohort plc is a technology group headquartered in Reading, Berkshire, with operations in the UK, Germany, and Portugal. It consists of six businesses providing products and services primarily in the defense and related markets, focusing on communications and intelligence, as well as sensors and effectors.
YTD Price Performance: 104.55%
Average Trading Volume: 164,765
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £503.8M
Learn more about CHRT stock on TipRanks’ Stock Analysis page.
