Earnings Release • May 1, 2025
Earnings Release
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RNS Number : 4815G
Cohort PLC
01 May 2025
| One Waterside Drive Arlington Business Park Reading Berks RG7 4SW 01 May 2025 |
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COHORT PLC
("Cohort" or "the Group")
CONTRACT WIN
COHORT SUBSIDIARY SEA AWARDED £8M CONTRACT
Cohort plc, the Independent Technology Group, is pleased to announce that its subsidiary Systems Engineering Assessment Ltd ("SEA") has secured a 15-year contract with Thales UK as part of the Maritime Sensor Enhancement Team (MSET) programme. Under the contract, SEA will provide waterfront support maintenance, repairs and regulatory inspections on the towed array handling equipment at the Royal Navy's UK dockyards and overseas.
Andrew Thomis, Cohort Chief Executive, said:
"The award of this contract underlines SEA's position as a trusted provider and maintainer of state-of-the-art systems for naval ship and fleet protection. We are pleased to have established this important partnership with Thales UK and look forward to building on our long-standing relationship with the Royal Navy throughout this 15-year programme.
"Together with other recent contract wins at SEA and across the Group, this announcement further enhances the visibility of our future revenues."
-Ends-
For further information please contact:
| Cohort plc | 0118 909 0390 |
| Andrew Thomis, Chief Executive | |
| Simon Walther, Finance Director | |
| Raquel McGrath, Company Secretary and General Counsel Kellie Young, Marketing and Communications |
|
| Investec Bank Plc (Financial Adviser, Nominated Adviser, and Corporate Broker) | 020 7597 5970 |
| Christopher Baird, Carlton Nelson, Charlotte Young | |
| MHP | 07817 458804 |
| Reg Hoare, Ollie Hoare, Hugo Harris | [email protected] |
NOTES TO EDITORS
Cohort plc ( www.cohortplc.com ) is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.
Cohort (AIM: CHRT ) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total over 1,500 core staff there and at its other operating company sites across the UK, Australia, Germany and Portugal.
The Group reports through two divisions - Communications and Intelligence, and Sensors and Effectors:
Communications and Intelligence
Sensors and Effectors
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