Journeo receives £4.2m purchase order from Alstom

(Sharecast News) - Integrated transport systems provider Journeo said on Thursday that it has received a £4.2m purchase order from Alstom to design and supply CCTV and automatic passenger counting systems to enhance safety, security and operational efficiency. Journeo said the purchase order formed part of a major refurbishment programme being carried out by Alstom for 70 Voyager trains and encompasses 312 cars, comprising 136 Voyager and 176 Super Voyager vehicles, respectively.

The AIM-listed group said it has already commenced design and initial equipment supply and will support Alstom during the installation phase being carried out at their Derby Litchurch Lane facility, due for completion in 2027.

Journey said the majority of revenues from the purchase order will be recognised during FY26 and FY27, adding that it anticipates approximately £2.0m in additional revenues will be generated over five years for SaaS subscriptions and associated support services as the fleet of Voyager trains returns to service.

Russ Singleton commented, "We are delighted to be working with Alstom at their historic Litchurch Lane facility in Derby as an integral part of this important refurbishment programme of the CrossCountry Voyager fleet. The application of Journeo's technology to help prolong the life of existing rolling stock, alongside its implementation on new trains, demonstrates the flexibility of our solutions and how their use can support sustainable rejuvenation of fleets. The installations are underpinned by Journeo's core IP, enabling the operator to manage operation-critical data, such as occupancy data and securely captured and stored high-definition CCTV evidence through the SaaS Journeo Portal."

As of 1050 BST, Journeo shares were up 1.89% at 296.50p.









Reporting by Iain Gilbert at Sharecast.com