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Cohort continues to impress

The defence and security specialist's prospects have been boosted further by a material acquisition
Cohort continues to impressPublished on December 11, 2024
  • Dividend raised by 10 per cent
  • Staff numbers up 14 per cent on strong demand

There have been some recent jitters amongst defence stocks after US president-elect Donald Trump called for an "immediate ceasefire" in Ukraine. But the war has highlighted long-term underinvestment in defence and security in Europe, as has the incoming US administration's more antagonistic view of Nato. Aim-traded mini-defence conglomerate Cohort (CHRT) is navigating this demand context well, and is benefiting from heightened tensions in the Asia-Pacific and Middle East, evidenced by the company's disclosure of a record order book and revenue growth of a quarter in its first half. 

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