Defence and related markets Communications & Intelligence and Sensors & Effectors company Cohort (CHRT) has announced its results for its half-year ended 31st October 2024 headlined “Record first half performance; strong growth in adjusted operating profit, revenue and order book; further progress expected”. What about this and a share price up to 1080p in response?
Defence and related products and services companies Cohort (CHRT) and Pennant International (PEN) were tipped last year and, following recent news flow and share price moves, we now consider it’s time to bank a good overall profit. Here’s why…
Defence and related products and services company Cohort (CHRT) has announced its results for its half-year ended 31st October 2023 and a “record closing order book of £353.9m (30 April 2023: £329.1m)… underpinning most of the second half of this financial year”. There seems good reason for confidence then.
Technology for defence and related markets company Cohort (CHRT) has announced results for its year ended 30th April 2023, noting a record performance slightly above market expectations and that it continues to expect its current year will be ahead of this. Sounds like good news with the shares currently up to a 490p offer price.
Technology for defence and related markets company Cohort (CHRT) has issued a trading update including “trading performance for the year ended 30 April 2023 is slightly ahead of expectations on higher revenue” and “closing order book of over £325m (30 April 2022: £291.0m)”. That sounds like good progress then.
Providing a range of products and services for defence and related markets, there looks to be strong macro tailwinds in terms of defence spending for Cohort plc (CHRT). However, the shares are currently 490p compared to above 650p as recently as 2021 and we now look for an earnings recovery to take them back to such levels.








