REG - Journeo PLC - Trading Update

JourneoAnnouncement

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RNS Number : 6492P  Journeo PLC  21 January 2026

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the UK version of the EU
Market Abuse Regulation (2014/596) which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018, as amended and supplemented from time to
time.

 

21 January 2026

Journeo plc

("Journeo", the "Company" or the "Group")

 

Trading Update

 

Journeo plc (AIM: JNEO), a leading provider of intelligent systems for
transport networks and critical national infrastructure, is pleased to provide
an update on trading for the year ending 31 December 2025 ("FY25").

 

The Group expects to report revenues for FY25 of £55m (2024: £50m), with
adjusted profit before tax slightly ahead of market expectations* at £5.7m
(2024: £5.0m).

 

The Group has continued to see strong momentum and the recently acquired Crime
and Fire Defence Systems ("CFDS") business has performed well since joining
the Group in September 2025.

 

Cash balances at the year-end were £12.0m (2024: £14.3m) following payment
of £10.7m cash consideration for the acquisition of CFDS. The Company's
invoice discounting facility of £2.75m was unutilised at the year end.

 

Further details will be provided in the Group's FY2025 Annual Report. The
figures in this announcement remain subject to audit.

 

*FY25 market expectations were revenue of £56m and adjusted profit before tax
of £5.6m

 

Russ Singleton, Chief Executive, commented:

"We delivered another strong Group performance in FY25. The acquisition of
CFDS has expanded the Group's activities further into critical national
infrastructure, strengthening our delivery of resilient, mission-critical
solutions. Our strategy of close collaboration with customers continues to
drive growth through the development of class-leading products, software and
services. We enter 2026 with confidence in delivering on another year of
significant growth".

 

A digital copy of this announcement will be available on the Group's website:
www.journeo.com (http://www.journeo.com/) .

 

For further information, please contact:

 

 Journeo plc                                                       +44 (0) 203 651 9166

Russ Singleton/ Nick Lowe
 Cavendish Capital Markets Limited - Nominated Adviser and Broker  +44 (0) 207 220 0500

Callum Davidson / Isaac Hooper

 

 

 

 

 

 

Notes to editors:

 

Journeo plc is a leading Intelligent Systems provider, delivering sustainable
solutions in towns, cities, airports, and the public transport networks that
connect them while safeguarding critical infrastructure and high-security
environments with advanced access control, intrusion detection, and
surveillance technologies.

 

The Group has six operating companies:

 

·    Journeo Fleet Systems: CCTV video surveillance to improve passenger
& driver safety, telematics for vehicle and driver performance monitoring,
real-time communications for remote condition monitoring and automatic
passenger counting.

·    Journeo Passenger Systems: design, manufacture, installation, and
management of hardware and software for electronic public transport
information systems, in and around towns, cities, ferry terminals and airports
which includes smart-ticketing and wayfinding.

·    Infotec: design, advanced manufacture, installation and software
management of information displays hardware for rail applications in stations,
on-platform and on-vehicle.

·    Crime and Fire Defence Systems: specialise in protection of Critical
National Infrastructure sites including utilities, defence and high security
industrial and commercial applications.

·    Journeo AS (based in Aarhus, Denmark): full-service provider of
Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and
Iceland.

·    Journeo AB (based in Stockholm, Sweden): technical services provider
to public transport customers in Sweden.

 

In the last 4 years, the Company has invested over £6 million in research and
development, enabling it to design and supply powerful innovative solutions
for customers' complex requirements and the demands of modern public
transport. With an Internet of Things ("IoT") approach and open standards,
together with field-proven and reliable engineering, Journeo is able to offer
flexible, scalable products and services that can integrate with existing
technology while preparing for future advancements.

 

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