Full Year Results 

Cohort reaps rewards of Chess acquisition

Cohort reaps rewards of Chess acquisition

Defence technology group Cohort (CHRT) saw its adjusted operating profit jump by 12 per cent to a record £18m in the year to 30 April, despite a £1m hit from Covid-19. It benefitted from the first full year contribution from Chess Technologies, the electro-optical and electro-mechanical systems supplier purchased in 2018. Boosted by strong export demand for naval systems, Chess more than doubled its profits to £3.9m.

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