Concurrent Technologies growth accelerates

Ruggedised plug-in cards and systems developer Concurrent Technologies (LON: CNC) is stepping up its rate of growth. This will enable full year pre-tax profit to recover strongly, getting near to 2021 levels.

A trading update by the AIM-quoted company confirms that revenues are growing faster than expected. There has also been an easing of component supply problems. Defence is an important sector.

Revenues are expected to be £29.5m, compared with £27m previously. A return to dividend paym...

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