Shares in Cohort PLC (AIM:CHRT), the management consulting company, jumped by 10% after preliminary results showed an increase in profits and revenues.
Sales in the year to 30 April 2023 grew by 33% to £182.7mln, while the firm posted a record adjusted operating profit of £19.1mln.
Looking ahead, the group said it has a strong order intake of £220.9mln, leading to a record closing order book of £329.1mln, with the group making an encouraging start to the financial year.
"This was a record performance for Cohort, which came in slightly above market expectations, with robust cash generation and a record closing order book giving us strong revenue cover for the coming financial year,” said chairman Nick Prest.