(Alliance News) - Cordel Group PLC on Monday said it will conduct assessment work on behalf of Amtrak as the company strengthens its position in the US market. Read More
(Alliance News) - Cordel Group PLC on Tuesday announced it expects to see strong growth in annual revenue from last year. Read More
(Alliance News) - Cordel Group PLC on Wednesday said that it has signed a new customer contract with Genesee & Wyoming Inc, an owner and lessor of short line and regional freight railroads in North America. Read More
Cordel Group PLC - London-based company, whose flagship platform uses artificial intelligence to supply transport corridor analytics - Says it has been selected to provide rail inspection insights for Tren Maya, the 1,554 kilometre intercity railway project in Mexico. Cordel explains the contract enhances revenue visibility across both financial 2024 and 2025. Under the deal, Cordel will have a direct relationship with ETD Solutions Inc, who are contracted by the operators of Tren Maya. Chief Executive John Davis says: "Latin America represents a significant growth opportunity for our technology and we hope to build our reputation across the region." Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Cordel Group PLC on Tuesday said that the UK's Network Rail has provided a certificate of approval for its artificial intelligence technology. Read More
(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP. Read More
(Alliance News) - Cordel Group PLC shares jumped on Thursday, after it said it has won a contract with "a major national railway in the Asia Pacific region." Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
Cordel Group PLC - London-based company, whose flagship platform uses artificial intelligence to supply transport corridor analytics - Says it is confident in achieving its full-year revenue expectations for the financial year ending June 30. Its financial 2023 revenue was GBP3.0 million. Notes that the delivery of its USD6.7 million contract with Amtrak, the national rail operator for the US, which was signed in March of last year, continues to make good progress. Chief Executive Officer John Davis says: "Our sales team around the world is working hard towards our 30 June objectives, while our technology team continues to deliver high quality, on-time results to customers. New product development continues at pace, with a particular focus on automation and refinement." Read More
(Alliance News) - Cordel Group PLC on Monday said its Chief Financial Officer Thouraya Walker is taking a sabbatical for up to six months. Read More
(Alliance News) - Cordel Group PLC on Wednesday said it began its data-as-a-service monitoring for Network Rail (High Speed) Ltd, which maintain the railway infrastructure for High Speed One. Read More
(Alliance News) - Cordel Group PLC shares fell on Monday, despite reporting a narrowed interim loss as well as higher revenue. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Cordel Group PLC on Friday said it has been awarded a contract to deliver a LiDAR-based solution in Mexico, alongside a project with the National Transport Research Organisation in Australia. Read More
(Alliance News) - Cordel Group PLC on Tuesday said it has been awarded a contract for data capture and analysis with Network Rail (High Speed) Ltd. Read More
(Alliance News) - New Century AIM VCT 2 PLC on Friday said its net asset value fell 17% in its latest half year and warned of further volatility to come, although the second half has "started positively". Read More
(Alliance News) - Cordel Group PLC on Monday said it reached an agreement with Australia's National Transport Research Organisation to trial technology to automate rail level crossing safety assessments. Read More
(Alliance News) - Cordel Group PLC on Monday said it expects revenue for the financial year 2023 to June 30 to be higher than a year ago, boosted by the US and the UK. Read More