Strong H125 results from Cohort plc this morning, highlighting the need for the UK to retain an efficient and modernised defence capability.
#CHRT Cohort plc H125 results Cohort reported revenue, operating profit and net funds ahead of recent guidance. Post period-end, Cohort announced the acquisition of Australian satellite communications specialist EM Solutions, taking the Group pro forma order book to above £650m. Recent events in Syria, the ongoing conflicts in Israel and the Ukraine, and persisting tension in the Far East / Asia Pacific region, serve as reminders of the importance to the UK of retaining an efficient and modernised defence capability. We retain our Fair value / share of 1090p. Read our research: https://bit.ly/49xU3Tp Register for Investor Presentation, Friday 13 Dec, 14.30: https://bit.ly/3ZQwq5q
