Journeo plc (LSE:JNEO) reported revenue of £37.6 million for the six months ended 30 June 2026, an increase of 53% year-on-year, reflecting organic growth and contributions from acquisitions.
Gross profit increased 57% to £14.5 million, while the group recorded a gross margin of 39%.
Adjusted profit before tax rose 10% to £3.0 million and diluted earnings per share increased 9% to 13.60 pence.
Information Systems Revenue Increases 40%
Journeo’s Information Systems division generated revenue of £13.9 million, up 40% from the prior-year period.
Infrastructure Protection, which joined the group in late 2025, contributed £10.6 million of revenue and recorded what the company described as robust margins.
Revenue from Integrated Services was broadly unchanged during the period.
Journeo continued to integrate its acquired businesses during the first half, including consolidating Infrastructure Protection operations into a new regional headquarters and making changes to operational leadership.
Journeo Sales Opportunity Pipeline Expands to £200 Million
The group’s sales opportunity pipeline increased to approximately £200 million, compared with £80 million a year earlier.
The pipeline covers opportunities across Journeo’s transport and critical infrastructure markets and represents potential business rather than contracted revenue.
Journeo reiterated its medium-term objective of increasing annual revenue to more than £150 million through a combination of organic growth and acquisitions, while maintaining margins and continuing investment in its workforce, systems and intellectual property.
The £150 million figure remains a management objective rather than financial guidance for a specific reporting period.
Group Trials Agentic AI Development Tools
Journeo is also trialling agentic artificial intelligence tools within its software development activities.
The company said the technology is already accelerating software releases and expects its use to increase engineering productivity. These anticipated productivity benefits remain management expectations.
Journeo continues to invest in research and development across its hardware, software and software-as-a-service products.
More about Journeo plc
Journeo plc is a UK-based provider of technology systems for transport networks and critical national infrastructure.
The group operates through Information Systems, Infrastructure Protection and Integrated Services. Its products and services include passenger information displays, security and access-control systems, on-vehicle telematics and CCTV.
Journeo supplies customers including towns, cities, airports and public transport operators and develops integrated hardware, software and SaaS products using IoT and open-standard technologies.
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