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Cordel Group Expands and Increases Revenue with New Contracts

Cordel Group PLC (GB:CRDL) has released an update.

Cordel Group PLC reported a 46% increase in revenue for the year ending June 2024, driven by significant new contracts in the USA, Mexico, the Middle East, and APAC. The company is expanding its international presence with key partnerships and technological advancements, like the Cordel Rugged sensor and Network Rail’s 3204 certification. With a successful capital raise, Cordel aims to enhance its AI platform capabilities, reinforcing its leadership in the rail infrastructure analytics market.

For further insights into GB:CRDL stock, check out TipRanks’ Stock Analysis page.

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