Divestments underpin revenue reduction at Cobham

Group revenue contracted by six per cent to 1.75bn pounds in the year ended December 31st at Cobham reflecting a number of divestments.

Group revenue contracted by six per cent to 1.75bn pounds in the year ended December 31st at Cobham reflecting a number of divestments.

The FTSE 250-listed company, which provides products and services for the defence, security and commercial sectors, reported that organic revenue (revenue growth stated at constant translation exchange excluding the incremental effect of acquisitions and divestments) remained broadly flat.

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