Cohort plc - Results FY26 Webinar recording with Q&A

Andy Thomis (CEO) and Simon Walther (FD) conducted a Webinar covering Cohort's record results for the financial year ended 30 April 2026. Highlights included a revenue increase of +13%YoY and an order book of £619m stretching out to 2037. The war in Iran, ongoing conflict in Ukraine, and continued Asia-Pacific tension mean that defence challenges have multiplied and accelerated rather than diminished. In the UK, detailed spending plans highlight new priorities that look well aligned with Cohort’s specialised technology. Our Fair Value per share estimate is raised from 1930p to 2125p. The full video has been divided into chapters for ease of viewing, as below: 00:00 Introduction & Overview 06:10 Financial Review 12:22 Operational Highlights 15:04 Strategic Highlights & Outlook 31:38 Q&A