Cohort’s £700 million backlog underpins most of its annual revenue outlook
Cohort ($CHRT) reported an order book of approximately £700 million, up from £618.8 million at the end of its previous financial year. The backlog underpins nearly 90% of the market’s revenue expectations for fiscal 2027. The defense-technology group maintained its annual outlook, indicating that the larger order book supports existing expectations rather than a newly upgraded revenue forecast. Management continues to expect a second-half-weighted performance and sees demand supporting its mediu
0