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CSSG Croma Security Solutions News Story

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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

MetricBeat/MissActualConsensus Estimate
H1 RevenueGBP 5 mln
H1 EPSGBP 0.01
H1 EBITDAGBP 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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