Journeo Secures 4-Year Contract Extension with City of Edinburgh Council

Journeo ( (GB:JNEO) ) just unveiled an update.

Journeo plc has secured a 4-year contract extension with the City of Edinburgh Council to provide software, advanced displays technology, and support services. The extension is expected to generate at least £1.5m in additional revenue and will involve updates to passenger information systems, expanding real-time information to new areas, and enhancing service information. This move aligns with Journeo’s strategy to make bus travel more appealing and support the UK’s net zero target.

More about Journeo

Journeo plc is a leading provider of Intelligent Transport Systems, offering solutions in towns, cities, airports, and public transport networks. The company works with local authorities, Network Rail, and multinational transport operators, focusing on efficient and sustainable future systems. Its operations include CCTV surveillance, telematics, real-time communications, electronic public transport information systems, and more. Journeo has invested significantly in R&D to offer flexible, scalable products that integrate with existing technology.

YTD Price Performance: 4.70%

Average Trading Volume: 45,023

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £45.88M

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