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Cohort PLC - Reading, England-based technology company with five businesses serving defence and security sectors - Turns to a pretax profit in the half-year that ended October 31. Swings to pretax profit of £1.1 million from a loss of £1.7 million a year prior. Revenue surges 29% to £77.5 million from £60.0 million. Cost of sales increase 37% to £53.2 million from £38.9 million. Declares interim dividend of 4.25 pence per share, up 10% from 3.85p. Looking ahead, outlook remains unchanged with a ‘record’ high order book of £304.2 million at October 31, up 4.5% from £291.0 million at April 30. ‘Overall, we continue to see a positive outlook for organic growth in the years ahead,’ says Chair Nick Prest.
Current stock price: 505.00 pence, down 1.4% on Monday
12-month change: up 1.7%
By Tom Budszus, Alliance News reporter
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