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Journeo plc (LSE:JNEO) has secured a £4.2 million contract from Alstom SA to supply CCTV and Automatic Passenger Counting (APC) systems as part of the refurbishment of CrossCountry’s Voyager train fleet. This upgrade, covering 312 train cars, aims to improve safety standards and operational efficiency across the fleet. Most of the contract revenue is expected to be recognized during fiscal years 2026 and 2027, with additional income anticipated from five-year software-as-a-service (SaaS) subscriptions linked to the systems.
This partnership demonstrates Journeo’s ability to provide adaptable technology solutions that support sustainable modernization of transport fleets, strengthening its position within the rail systems sector.
With strong financial results and recent positive corporate developments, Journeo’s outlook remains promising. The company appears undervalued based on its current market valuation, despite mixed technical indicators. The absence of earnings call details means that financial and corporate data are key factors driving its investment profile.
About Journeo
Journeo plc is a prominent supplier of Intelligent Transport Systems, delivering solutions to municipalities, airports, and public transit networks. Its clients include local governments, Network Rail, and major global transport operators. The company operates through five subsidiaries across the UK, Denmark, Sweden, and Iceland, specializing in CCTV surveillance, passenger information, and technical services. Backed by significant R&D investment, Journeo offers innovative and scalable products designed to integrate seamlessly with existing infrastructure, promoting efficiency and sustainability in transport systems.
