Cohort shares rise 10% as defence tech firm beats FY26 revenue and profit forecasts
By
@sharesifysocial.bsky.social
Not artisan, but a perfectly fine bagel. Hits the spot.
Summary
Cohort, an AIM-listed defence technology group, saw its shares climb 10% after reporting FY26 results that beat market forecasts. Revenue rose 12% to £303 million (ahead of £294M consensus), and operating profit of £36 million exceeded the £34.7M consensus. The Communications & Intelligence division drove growth with a 27% revenue increase to £159 million, boosted by the EM Solutions acquisition. The CEO expressed confidence in the FY26/27 outlook.
Key quotes
· 4 pulledShares in AIM-listed defence technology group Cohort climbed 10% after FY26 results beat forecasts.
For the year to April, Cohort reported revenue of £303 million, up 12% and ahead of the consensus of £294 million.
Operating profit of £36 million was also ahead of the consensus, which was pegged at £34.7 million.
The Communications & Intelligence division grew revenue by almost 27% to £159 million with a strong performance from EM Solutions.
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