Edison Investment Research - Aerospace & Defence - Cohort: The announcement of a €4.8m vehicle communications contract win for the Portuguese Army is in addition to the prospects indicated at the AGM on 11 September. It suggests that positive order book momentum is building as we approach the H118 period end. The shares have continued to perform well since the prelims in July, but remain on a relatively undemanding FY20e P/E of 12.5x.
ISIN: GB00B0YD2B94
Original Article: Cohort (CHRT) - Encouraging order development