Cordel has announced a £3.0m contract from Network Rail as part of a gauging data refresh project, delivering on expected pipeline conversion and underpinning confidence in reiterated forecasts. The £3.0m contract value (£1m recognised in FY26) comprises £2.5m of high margin ‘data-as-a-service’ revenue (£0.5m recognised in FY26, £2.0m recognised equally from Jul-26 until Dec-27), and project work for configuration of the ‘Track Intervals’ module worth £0.5m. There is a further optional £1.3m one ....
