Brief: Newmark Security Says Inventory Levels Are Expected To Ease In Fy24

Newmark Security

17/05/2023 07:17

May 17 (Reuters) - Newmark Security PLC  NWMS.L :
    * NEWMARK SECURITY PLC  - YEAR-END TRADING UPDATE
    * NEWMARK SECURITY PLC - FY23 YEAR-ON-YEAR REVENUE GROWTH,
DRIVEN
BY A STRONG PERFORMANCE IN PEOPLE, DATA MANAGEMENT, AND PHYSICAL
SECURITY DIVISIONS
    * NEWMARK SECURITY PLC - CASH AT 30 APRIL 2023 WAS £0.6
MILLION
(30 APRIL 2022 CASH: £0.2 MILLION)
    * NEWMARK SECURITY PLC - SUPPLY CHAIN CHALLENGES HAVE BEEN
SUCCESSFULLY MANAGED BY BUILDING INVENTORY TO SATISFY ONGOING
CUSTOMER DEMAND
    * NEWMARK SECURITY PLC - INVENTORY LEVELS ARE EXPECTED TO
EASE IN
FY24, ALLOWING FOR FURTHER CASH FLOW GENERATION

Source text for Eikon:  ID:nRSQ6278Za 
Further company coverage:  NWMS.L 

 ((Reuters.Briefs@thomsonreuters.com;))