Overview
UK security solutions provider's H1 revenue rose 9% to £5.0 mln
EBITDA and profit before tax declined due to planned investments
Company completed acquisition of TLS Security Systems, expanding network to 17 locations
Outlook
Croma expects to meet full-year targets, supported by positive trading performance
Company sees strong pipeline of acquisitions contributing to future sales and profitability
Croma anticipates increased demand due to Terrorism (Protection of Premises) Act 2025
Result Drivers
ACQUISITIONS AND CONSOLIDATION - Revenue growth attributed to acquisitions and strategic consolidation of branches, despite planned refurbishments
GOOGLE AD STRATEGY RESET - Resetting Google advertising strategy temporarily reduced online sales but positioned for future improvement
TLS ACQUISITION - Acquisition of TLS Security Systems expected to enhance healthcare sector presence and contribute to growth
Company press release: ID:nRSZ4437Ua
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue | GBP 5 mln | ||
H1 EPS | GBP 0.01 | ||
H1 EBITDA | GBP 436,000 |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)