Codan Limited

At Codan we develop technology to solve communications, safety, security and productivity problems in the harshest environments on earth.

Founded in 1959 and headquartered in South Australia, Codan has a global footprint with offices in Canada, the USA, Ireland, the UAE and Brazil. Our customers include the world’s largest aid and humanitarian organisations, security and military groups, mining companies and governments.

Our products are sold in more than 150 countries, with a global network of dealers, distributors and agents that allow us to deliver our solutions anywhere in the world, whenever our customers need them.

We’re proud to be a company that continually challenges the status quo. Our values and culture drive an environment of constant innovation, creating long-term shareholder value and allowing us to deliver innovation to customers, wherever they are.

If you share our values then I invite you to join us as we continue to drive technology into the future.


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Why Codan Satisfies My Inner Geek

In Adelaide, well away from Australia’s better known tech centres, is a small, innovative company that is leading the world in the technology it creates. It’s called Codan (ASX:CDA). And once you read about it, I think you’ll agree that this is a company that’s worth a second look.

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Analyst Views

CDA – CIMB Securities rates the stock as Hold

The broker has cut its FY15 earnings forecasts for Codan given the company’s strategy to discount prices to clear stock and the likelihood customers will fall away on price normalisation when that occurs. The broker also identifies various headwinds, including a subdued gold price and an uncertain political environment in Africa.

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