Concurrent Technologies raises its outlook after first-half orders more than double

Concurrent Technologies released H1 results on 7 September 2026.

Demand and capacity

First-half orders rose 110%, already matching FY2025. The CEO says year-to-date orders have exceeded £68m.

New equipment at Colchester supports doubled capacity. The company has also secured DRAM supply through the end of 2027, although wider component availability and pricing remain risks.

Outlook

Management expects FY2026 revenue materially ahead and profit ahead of market expectations, with the difference reflecting profit-recognition timing on a record contract.

Design wins with estimated lifetime value of approximately £129m support the pipeline, but are different from firm orders, current-period revenue or cash.

The next test is timely conversion of the order book into shipments, margins and cash while capacity expands.

Source: Company announcement, 7 September 2026.