IN BRIEF: Cohort Reports Strong Order Book Despite Virus Restrictions | Financial News

in hive-116221 •  4 years ago 

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Cohort PLC - defence and security markets-focussed technology company - Trading performance for year ending April 30, 2021, to be in line with financial 2020. Enters financial 2021 with a substantial long-term order book and a strong pipeline of order prospects. Continues to win new business since. Group order book GBP210.0 million as at August 31 versus GBP183.3 million at April 30. Order book underpins 83% of financial 2021 consensus forecast revenue, compared with 76% at the same time last year. Restrictions on international travel constraining new export opportunities. Cash of GBP38 million and net debt of GBP1.4 million at August 31.


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