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Concurrent Tech Ord 1P (CNC)

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13-Jul-2022 01:20 PM

IN BRIEF: Concurrent Technologies shares rise on supply agreement

Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards - Signs a supply agreement with an unnamed Fortune 500 medical technology company. Wins an initial $2.2 million order for the first year of product ship
12-May-2022 12:22 PM

Concurrent sees 22% yearly profit hike but Ukraine crisis hits outlook

Concurrent Technologies PLC on Thursday reported a double-digit profit rise in 2021, though the designer and manufacturer of computer boards cautioned on supply-side issues looking ahead. Shares in Concurrent were down 12% at 76.75 pence in Lon
16-Dec-2020 08:05 AM

Concurrent Technologies sees annual revenue, profit ahead of market expectations

Computer products maker Concurrent Technologies said it expected to report annual revenues and profitability ahead of market expectations with cash generation remaining 'strong.' The company also declared a further interim dividend to shareho
23-Apr-2020 10:04 AM

Concurrent Technologies raises dividend on higher profit; but sees H2 coronavirus impact

Computer boards maker Concurrent Technologies raised its dividend after reporting rise in annual profit, though the company warned of a coronavirus impact on its second-half performance. For the year to 31 December 2019, Pre-tax profit rose to £4.1
10-Sep-2019 02:39 PM

Concurrent Technologies profit jumps on higher computer board sales

Computer-board manufacturer Concurrent Technologies posted a large rise in first-half profit, though it warned it may not be able to generate as much revenue in the second half. Pre-tax profit for the six months through June rose to £2.7m, up from
21-May-2019 02:50 PM

Concurrent Technologies trading in line amid 'strong' order book

Computer board manufacturer Concurrent Technologies said its revenue and operating profit so far in 2019 were in line with its expectations. 'I am pleased to report that the company's trading performance in 2019 has continued on from the good r
08-May-2019 10:04 AM

Concurrent Technologies announces death of CEO

Concurrent Technologies announced that Glen Fawcett, CEO, died unexpectedly on 7 May. Jane Annear, Commercial Director, had agreed to act as interim CEO, effective immediately. A further announcement would be made in due course, the company said.
12-Sep-2018 10:25 AM

Concurrent Technologies profits slip as costs rise, margins drop

Concurrent Technologies, designer and manufacturer of high-end embedded computer boards, said Wednesday first-half profits fell as margins came under pressure and costs increased. For the six months ended 30 June 2018, pre-tax profit fell to £1.1m,
04-Apr-2018 08:18 AM

Concurrent Technologies dividend up as pretax profit rises

Concurrent Technologies said pre-tax profit increased by 2.3% to £3m in the year to end of December, despite a slight fall in turnover to £16.2m from £16.4m the prior year. Gross profit increased to £8.99m from £8.89m while
21-Dec-2017 07:31 AM

Concurrent Technologies on track

Concurrent Technologies expects trading for the year to the end of December to be broadly in line with market forecasts. Concurrent Technologies also said it expected to continue the practice of paying a further interim dividend to shareholders and to pa
30-Nov-2017 01:49 PM

Concurrent launches new storage product

Concurrent Technologies has announced the release of a new XMC storage product. Relevant, in particular, to military and aerospace customers, the XM 620/001 is a memory module designed to provide extremely high read/write capability when combined with on
18-Sep-2017 07:56 AM

Concurrent Technologies turnover and profits fall

Concurrent Technologies' turnover and profits fell in the first half to the end of June. Turnover of £7.8m was down from £9.0m and gross profits fell to £4.3m from £4.9m but gross margin was maintained at 54.8% (H1 2016: 54
05-Sep-2017 09:42 AM

Concurrent schedules interims

Concurrent Technologies will announce its results for the six months to 30 June on 18 September. At 9:42am: (LON:CNC) Concurrent Technologies PLC share price was 0p at 75p Story provided by
24-Mar-2017 07:24 AM

Concurrent Technologies earnings up

Concurrent Technologies' pre-tax profits rose to £2.9m in the year to the end of December - 6.2% up on last time. Turnover of £16.4m was down from £17.1m but gross profit increased by 3.0% to £8.9m as gross margins increase
30-Jan-2017 09:46 AM

Concurrent Technologies unveils new boards

Concurrent Technologies has announced its next generation of boards which will be based around the latest generation Xeon processor, recently launched by Intel. Concurrent Technologies said this family of Xeon processors offer enhanced processing and gr
01-Nov-2016 07:28 AM

Concurrent launches new product

Concurrent Technologies has launched AdvancedMC module. The AM F5x/msd module uses a choice from the latest Intel Xeon processors and is designed for use in long life-cycle applications within the test, wireless, scientific and semiconductor markets. P
26-Aug-2016 07:46 AM

CNC hikes dividend as margins improve

Concurrent Technologies has increased its first half dividend by 14.3% to 0.80p per share Turnover fell to £9.0m (H1 2015: £9.6m) but the group reports an improvement in gross margins to 54.8% (H1 2015: 48.7%). Profit before tax was £
01-Jul-2016 07:50 AM

Concurrent outlook remains good

Concurrent Technologies has conducted an additional review of its financial risk and trading plans following recent changes in currency rates and the sharp decline in the value of sterling against the US dollar. The company says the majority of its worl
19-May-2016 01:05 PM

Concurrent Technologies' outlook remains good

Concurrent Technologies' strong trading performance in 2015 has continued into 2016, shareholders at the annual general meeting were told today. Chairman Michael Collins said: "Our cash position remains strong following increased dividend paym
18-Mar-2016 07:37 AM

Concurrent Technologies earnings up 40%

Concurrent Technologies' turnover rose by 33.6% to GBP17.1m in the year to the end of December. EBITDA increased by 40.0% to GBP4.2m (2014: £3.0m) and profit before tax rose by 58.8% to GBP2.7m. Cash in business plus deposits increased by 5.4% to
10-Nov-2015 07:34 AM

Concurrent launches high performance VPX server board

Concurrent Technologies has launched its first processor board based on the Intel Xeon processor D-1500 family. The TR C4x/msd will initially feature the 8-core Intel Xeon processor and up to 32GB of memory for high performance embedded computing applic
02-Sep-2015 07:29 AM

Concurrent Technologies turnover up 72%

Concurrent Technologies posts pre-tax profits of £1.6m for the six months to the end of June - up from £0.4m last time. Turnover rose by 72% to £9.6m and earnings per share increase to 2.06p from 0.56p. The interim dividend of 0.70p per share is up fr
19-Aug-2015 02:44 PM

Concurrent schedules interims

Concurrent Technologies will announce its interim results for the six months to 30 June on 2 September. At 2:44pm: (LON:CNC) Concurrent Technologies PLC share price was 0p at 60p Story provided by
26-May-2015 01:05 PM

Concurrent Technologies ahead of forecasts

Concurrent Technologies' performance so far this year has been ahead of the board's expectations, shareholders at the annual general meeting today will be told. Chairman Michael Collins will say: "The board is confident that the results of
21-May-2015 08:58 AM

Concurrent Technologies ahead of forecasts

Concurrent Technologies' board anticipates that revenues for the first half of 2015 will be ahead of earlier expectations and significantly ahead of last year. The directors believe that this situation may well prove exceptional and may not be indi

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