2nd Apr 2024 14:28
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."
Current stock price: 3.30 pence, down 5.7% in London on Tuesday
12-month change: down 47%
By Sabrina Penty, Alliance News reporter
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