Concurrent Technologies – executive interview

In this interview, we speak with Concurrent’s CEO Miles Adcock and CFO Kim Garrod. Miles provides an overview of the business and explains the steps he has taken since joining the company in 2021. He discusses the performance of the Products business and the rationale for entering the Systems business, as well as the company’s approach to technology innovation. He closes with his view on potential M&A. Kim discusses the impact of expanding defence budgets and the company’s plans to expand manufacturing capacity. She walks through the cycle from design win to revenue, highlighting that FY26 revenue and profitability are likely to benefit from recent design wins.

Concurrent designs and manufactures high-performance embedded computing solutions that are used for critical applications in various industries. In FY24, 87% of revenue came from the defence and aerospace sector, 7% from the industrial and scientific sector and 6% from the communications and other sectors.