Cohort plc (COHTF) Q4 2026 Earnings Call Transcript

SA Transcripts 161.08K Followers Follow 5 Share Save Comments Cohort plc ( COHTF ) Q4 2026 Earnings Call July 15, 2026 4:00 AM EDT Company Participants Andrew Thomis - Chief Executive & Director Simon Walther - Finance Director & Executive Director Chris Axcell - Chief Operating Officer Conference Call Participants Joseph Spooner - Shore Capital Group Ltd., Research Division David Richard Farrell - Jefferies LLC, Research Division Benjamin Pfannes-Varrow - RBC Capital Markets, Research Division Andrew Edmond - Equity Development Limited Presentation Andrew Thomis Chief Executive & Director Okay. Well, good morning, everybody, and thank you very much for those joining us in the room and for those joining us virtually as well. I'm Andy Thomis. I'm the Chief Executive at Cohort plc, and I'm here with Simon Walther, who's our Finance Director. Cohort provides advanced defense technologies and services to the U.K. and allied nations worldwide. And Simon and I are here to present our latest financial results and to explain the innovation, geopolitics, market drivers that support our growth. Now there we are. Cohort's businesses share a common purpose, which is developing advanced technologies that contribute to our customers' national security and defense. Each of our businesses brings its own specialist expertise. Collectively, they deliver innovative solutions that help customers address increasingly complex operational challenges. Operating through our Communications and Intelligence and Sensors and Effectors divisions, we offer a broad range of capabilities, as you can see from this slide. We'll say more about demand patterns, but I'll highlight counter drone, anti-submarine systems and seabed warfare as areas that are clearly relevant to the needs of defense customers today. As a background to the results, I thought it would be helpful to show you Cohort's total shareholder return since our IPO 20 years ago this year, and it's benchmarked against both the AIM All-Share Index and our peer group of U.K.-listed defense firms. Over the period, as