TMT: Software and comp services – AIM – M cap £13m – Price 6.20p – Spotlight — flash
CORDEL GROUP
PTC milestones crossed
Cordel’s progress update on its Positive Train Control (PTC) development gives a good indication that the business is on track to open up a significant new revenue opportunity in the North American railroad market. The escalating tariff situation could extend decision cycles but, looking through this, we believe the company is well-placed to continue its scalable growth trajectory.
Cordel Group: Edison
Apr 10, 2025Disclaimer & Declaration of Interest
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