tiprankstipranks
Trending News
More News >

Journeo Secures £4.2 Million Order for Rail Systems from Alstom

Story Highlights
Journeo Secures £4.2 Million Order for Rail Systems from Alstom

Don’t Miss TipRanks’ Half-Year Sale

An update from Journeo ( (GB:JNEO) ) is now available.

Journeo plc has secured a £4.2 million order from Alstom SA to supply CCTV and Automatic Passenger Counting systems for the refurbishment of CrossCountry’s Voyager train fleets. This project, part of a broader refurbishment program, will enhance safety and operational efficiency across 312 train cars. The majority of revenue from this order is expected in FY26 and FY27, with additional revenue anticipated from SaaS subscriptions over five years. This collaboration highlights Journeo’s technological flexibility and its role in supporting sustainable fleet rejuvenation, reinforcing its market position in the transport systems industry.

Spark’s Take on GB:JNEO Stock

According to Spark, TipRanks’ AI Analyst, GB:JNEO is a Outperform.

Journeo’s overall stock score is driven by its excellent financial performance and positive corporate events, reflecting strong growth potential and financial stability. The valuation suggests the stock is undervalued, making it attractive despite mixed technical signals. The absence of earnings call data means the score relies heavily on financial and corporate factors.

To see Spark’s full report on GB:JNEO stock, click here.

More about Journeo

Journeo plc is a leading provider of Intelligent Transport Systems, offering solutions for towns, cities, airports, and public transport networks. The company collaborates with local authorities, Network Rail, and major multinational transport operators to enhance efficiency and sustainability. Journeo operates through five subsidiaries, focusing on areas such as CCTV surveillance, passenger information systems, and technical services in various regions including the UK, Denmark, Sweden, and Iceland. With significant investment in research and development, Journeo provides innovative, flexible, and scalable products that integrate with existing technologies.

Average Trading Volume: 47,591

Technical Sentiment Signal: Strong Buy

Current Market Cap: £49.21M

For a thorough assessment of JNEO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1