UK's Journeo 2025 revenue rises 11%, profit up 13%

Journeo

24/03/2026 07:12

Corrects FY Basic EPS figure in Key Details table to GBP 0.243 from GBP 24.30

Overview

UK intelligent transport systems provider's 2025 revenue grew 11% yr/yr to £55.0m

Adjusted profit before tax for 2025 rose 13% yr/yr

Company completed acquisition of Crime and Fire Defence Systems, expanding into adjacent markets

Outlook

Journeo says strong orderbook and pipeline support confidence in continued growth

Company sees opportunities from UK government transport and defence spending increases

Journeo expects AI adoption to accelerate innovation and productivity for customers

Result Drivers

ACQUISITION IMPACT - Acquisition of Crime and Fire Defence Systems contributed new capabilities, expanded market access, and added £7.4m in revenue with a 41% margin

PASSENGER SYSTEMS GROWTH - Passenger Systems revenue rose 33% with improved margins, driven by group purchasing and manufacturing efficiencies

GROSS MARGIN IMPROVEMENT - Group gross margin increased to 40% from 36%, attributed to cross-group collaboration, stronger purchasing power, and a favourable revenue mix

Company press release: ID:nRSX7775Xa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 55.02 mln
FY Adjusted Net Income
GBP 5.80 mln
FY Adjusted Pretax Profit
GBP 5.68 mln
FY Basic EPS
GBP 0.243
FY Gross Profit
GBP 21.80 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the communications & networking peer group is "buy."

Wall Street's median 12-month price target for Journeo PLC is GBp740.00, about 94.7% above its March 23 closing price of GBp380.00

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)