MASS is pleased to announce it has traded strongly in the year ended 30 April 2010 and posted record figures for sales, profits, cash generation and order intake. With revenue of £21.5m and a trading profit of £3.5m, it has been another strong year reflecting good performance in all three of its divisions.
As previously announced, MASS completed the acquisition of Abacus EW Consultancy Limited (Abacus EW) shortly after the end of the financial year. Abacus EW is an Electronic Warfare training company based near MASS at Lincoln, which brings additional capability and export customers to the MASS presence in the Electronic Warfare support market.
MASS's continuing growth has meant it has become increasingly compressed within its St Neots headquarters. The company has now acquired a new and larger facility adjacent to its existing building that will provide it with a long term home, with options for expansion if needed. The move will take place in early August 2010.
Cohort plc 2009-2010 Financial Results