Concurrent Technologies (GB:CNC) has released an update.
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Concurrent Technologies PLC has announced an impressive first half of the fiscal year 2024, with a record revenue of approximately £16.8 million and a pre-tax profit of £2.0 million, signifying substantial growth from the previous year. The company has also reported securing eight major design wins, which are anticipated to contribute to long-term growth over the next seven to ten years. Optimism remains high as the company is poised to meet full year market expectations with a strong order intake and recovery from customer delays experienced in late 2023.
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