Journeo plc, the provider of information systems and technical services to transport operators and local authorities, delivered “its strongest set of interim results to date” in the first half of 2024.
Group revenue grew 17% to £25.6m, according to interim results for the six months ended 30 June 2024, up from £21.8m in the same period of the year prior.
Meanwhile, profit before tax grew to £2.8m from £1.7m at the Ashby-de-la-Zouch-based firm.
The business further saw record order intake during the period of £24m, up from £18m last year.
Russ Singleton, CEO of Journeo plc, said: “The Group has continued to deliver strong performance, achieving growth in revenues, profits, margins and order intake in H1 2024.
“We retain our strategy of bonding closely with our customers to develop and deliver new products, solutions and services, that meet their requirements of creating a more sustainable and efficient transport network.
“This focus, supported by the ongoing integration of Infotec, MultiQ and the newly formed Journeo Design Centre, is further strengthening our capabilities and driving the organic growth of the business as we continue to assess complementary acquisition targets.
“Journeo is evolving into a more capable and resilient business as we aim to become the market-leader for Intelligent Transport Systems. With a growing customer base and a strong sales opportunity pipeline, the Board looks to the future with confidence.”
