Croma Security Solutions H1 revenue up 9% on acquisition boost

Reuters
Yesterday
Croma Security Solutions H1 revenue up 9% on acquisition boost

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)

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