Journeo reports 53% revenue growth in first half of 2026

Journeo, a UK-based provider of intelligent transport systems, has posted first-half revenue of £37.6 million, reflecting a 53% increase compared to the same period last year.

For the six-month span, the company's adjusted profit before tax reached £3.0 million, up 10% year-on-year. Diluted earnings per share advanced 9% to 13.60 pence in the first half of 2026.

Gross profit for the period totaled £14.52 million. The firm's cash balance declined following its £10.7 million acquisition of Crime and Fire Defence Systems.

The revenue growth was partly driven by the acquisition of Crime and Fire Defence Systems, which contributed to Journeo's newly formed Infrastructure Protection segment. Meanwhile, the Information Systems division benefited from government funding for transport infrastructure projects and new contracts obtained from local authorities.

In contrast, the Integrated Services division experienced a 2% revenue decline, attributed to postponements in new bus orders and supply chain challenges. Some of that revenue has been pushed into the second half of the year.

Journeo stated that it remains on track to deliver full-year results aligned with market expectations. The company anticipates a stronger second-half performance from both its Integrated Services and Information Systems divisions.

As the company entered the second half of the year, its sales opportunity pipeline had expanded to £200 million.

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