CONCURRENT TECHNOLOGIES PLC (CNC) — Interim results for the six months ended June 2025

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the CONCURRENT TECHNOLOGIES PLC Half Year Results Investor Presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged, they can be submitted at any time by the Q and A tab situated at the right corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself, but the company can view all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, would you like to submit the following poll? I'd now like to hand you over to CEO, Miles Adcock. Good afternoon to you, sir. Good afternoon, and thank you all for joining this call. Next slide, please. So Kim and I will take you through the performance of CONCURRENT in the first half of twenty twenty five. Next slide, please. Let's remind ourselves what this company does. We design and manufacture in our own factory really high performance computer boards and associated system level products. We sell primarily to some of the world's largest OEMs, principally in the defense and increasing so defense industry. Our focus is very much bringing the latest technology to market as early as possible, ideally first, and we're getting a good track record in doing exactly that. That's underpinned by an obsession of developing, retaining, and hiring talent. Some 80% of the business started after I did just four years ago. And we've developed some really good, much more strategic relationships with customers, which we'll cover in a bit more detail later. Just to talk about the progress we've made, we've more than doubled the size of the business in the last three years, grown more in that period than we ha...