Updates

Concurrent Technologies - Operational gearing kicks in

February 2025

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Concurrent said sales and pretax profit for FY24 will be 10% ahead of market expectations at £36m and £4.7m, respectively. The increase in profit reflects the initial delivery of operational gearing as the business begins to scale. FY24 order intake is expected to be £41m. Of particular note, in FY24 the Group achieved a remarkable milestone by securing 22 design wins, including 10 ‘major wins,’ which are expected to contribute over £1m annually once they reach peak production, typically two to three years after the initial design win. Tipped in June 2020 at 111p and again at 73p in September ‘23, it looks like CNC is now finally on a high growth trajectory. Keep holding. ...

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Frontier Developments

Gear4music

Concurrent Technologies - Revitalised strategy bearing fruit (September 2023)

Concurrent Technologies (October 2022)

Concurrent Technologies (February 2021)

Concurrent Technologies (October 2020)

Concurrent Technologies- Hidden its light under a bushel for years (June 2020)

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