Fabulous results | Trading ahead | Decent value
News covered here includes our assessment of fabulous results from a high-performing property franchisor which has plenty of growth initiatives up its sleeve. Results from a company supporting the defence sector brought another upgrade, while a large minerals group continues to generate plenty of cash. Read on here for our usual forthright assessment of this and other news.
Concurrent: trading ahead again Concurrent Technologies (AIM: CNC), the manufacturer of leading-edge computer products, notably to the defence sector, announced excellent interim results. This is yet another business benefitting from the big increase in defence spending. For the six months to 30 June 2025 overall revenue climbed 26% to £21.1m. The Group’s Products business unit saw revenue climb 10% to £17.9m and profits rise 12.5% to £3.2m while revenues in its newer Systems business unit rose six-fold to £3.2m with losses flat at £0.5m (H1 FY24: £0.5m). They are targeting the Systems division to break even in the current yar…