Cohort snaps up 100% of surveillance subsidiary for £14m
1st Feb 2017 08:31
(ShareCast News) - AIM-listed Cohort has bought 100% ownership of electronic communications and surveillance technology supplier Marlborough Communications for further payments of £7.1m, which is expected to be earnings enhancing in the current year. Cohort bought the remaining 49.99% stake of subsi
Read moreCohort on track to achieve full year guidance
6th Jan 2017 12:57
(ShareCast News) - Cohort, an independent technology group, reported a rise in revenue for the first half putting it on track to achieve its full year expectations. The group's revenue rose to £50m in the six months ended 31 October 2016 from £49.7m in the first half of 2015. Adjusted operating p
Read moreCohort earnings ahead in first half
12th Dec 2016 14:27
(ShareCast News) - Cohort announced its final results for the six months to 31 October on Monday, including adjusted operating profit up 11% at £3.9m, off revenue up to £50.0m from £49.7m at the same time last year. The AIM-traded company reported an order intake of £63.6m, up from £55.7m, including
Read moreCohort wins £7m Transport for London contracts
7th Nov 2016 08:07
(ShareCast News) - AIM-listed technology company Cohort has won contracts from Transport for London to develop and provide support for its digital traffic enforcement system and to develop a parking enforcement mobile app, which together will be worth £7m. Cohort's subsidiary SEA originally develope
Read moreCohort secures nine-year contract extension worth £12m
17th Oct 2016 07:58
(ShareCast News) - AIM-listed technology group Cohort said on Monday that its subsidiary, MASS, has been awarded a nine-year extension to its managed IT service contract for the Sentry Whole Life Support Programme (WLSP) at RAF Waddington worth around £12m. Cohort said the scope of the support contr
Read moreCohort reports 40% jump in half year operating profit
14th Dec 2015 15:55
(ShareCast News) - Defence-focused technology group Cohort on Monday reported a 40% jump in half year operating profit to £35m as revenue was boosted by a strong performance at its SEA and MASS divisions. Revenue in the six months to 31 October rose 32% to £49.7m, including £2.4m from Mass (2014: £1
Read moreCohort subsidiary wins GBP3m support services contract
13th Oct 2015 11:50
(ShareCast News) - Defence technology group Cohort said its subsidiary MASS has been awarded a contract to provide electronic warfare operational support services to an export customer with a total value in excess of £3m. Cohort said the work will begin immediately and will contribute to the company
Read moreCohort's Marlborough Communications wins MoD contract
13th Aug 2015 10:21
(ShareCast News) - Independent technology group Cohort said its subsidiary, Marlborough Communications, has been awarded a contract by the UK Ministry of Defence with an initial value of £11.2m to supply combat hearing sets for troops. The contract has been awarded for four years with an option to e
Read moreCohort clinches EUR19m deal for EID
5th Aug 2015 10:40
(ShareCast News) - Defence technology group Cohort will pay €19m (£13.3m) for Portugal-based Investigação e Desenvolvimento de Electrónica (EID). The deal, the company's biggest to date outside the UK, will be financed from the group's existing facilities, Cohort said in a statement on Wednesday. G
Read moreCohort's full-year profits dip, co-chairman steps down
25th Jun 2015 08:15
Cohort reported lower full-year profits despite higher revenue, as acquisition-related costs took their toll. Pre-tax profit for the 12 months to 30 April fell 12% to £5.9m, from £6.7m over the same period a year earlier. Earnings per share also slid to 13.7p, from 14.4p. The decline follows expend
Read moreCohort's SCS wins contract with UK's Joint Forces Command
15th Apr 2015 12:48
Technology group Cohort said on Wednesday that its SCS subsidiary had won a UK armed service contract. Giving details, Cohort said SCS would provide training and exercise support services for the Joint Warfare division of the Joint Forces Command. The company did not disclosure the exact value of
Read moreTuesday tips round-up: Greggs, Cohort
16th Dec 2014 11:40
The fortunes of Greggs seem to have taken a turn for the better. Its latest trading update was a positive surprise, it actually showed growth in like-for like sales accelerating to a 5.4% clip over the 11 weeks to 13 September. That comes after three profit warnings since the previous chief executiv
Read moreCohort sees H1 revenue up but profits down due to acquisition costs
15th Dec 2014 12:27
Communications and surveillance business drove up revenue at technology group Cohort in the first half of the year. Revenue increased 13% to £37.6m, but acquisition costs dragged down pre-tax profit to £1.3m from £1.9m. The group said its communications and surveillance order book of £7.2m during t
Read moreCohort lands triple contract win
8th Dec 2014 10:25
MASS, a subsidiary of technology group Cohort has been awarded three contracts to provide Electronic Warfare (EW) operational support services with a value of around £8m. Delivery of all three contracts will begin immediately. Chief executive of Cohort Andrew Thomis said: "The award of these contra
Read moreCohort’s Mass contracted to support Middle East
3rd Oct 2014 07:41
Independent technology group Cohort's subsidiary Mass has announced it will provide electronic warfare operational support services to the Middle East for a total of £3m under a new contract. Starting immediately, the delivery of services including the provision of mission data support will last for
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