Cohort plc (GB:CHRT) has released an update.
Cohort plc, a technology group in the defense sector, reported a fiscal year-end with revenues and profits exceeding expectations, backed by a record order book valued at approximately £518 million. The company experienced significant growth in its Sensors and Effectors division and a solid net funds position of around £23 million, setting a strong foundation for future investment and growth. Cohort anticipates sustained organic growth and maintains a positive outlook for the upcoming financial year.
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