Croma Security Solutions Group (CSSG)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

 0.000p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 94.00p
  • 52 Week Low: 66.00p
  • Currency: UK Pounds
  • Shares Issued: 12.93m
  • Volume: 0
  • Beta: 0.00

Croma Security Solutions profit falls on lower revenue

By Duncan Ferris

Date: Monday 21 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Croma Security Solutions on Monday reported a drop in annual profits as revenues inched lower, though the company still upped its dividend.
The security services provider booked a profit before tax of £1.4m for the year ended 30 June, 27% lower than in the year before, as revenue drifted 1% lower to £34.6m.

Even so, the AIM traded company hiked its final dividend by 10% to 1.1p per share, meaning the year's total dividend payout increased from 1.6p to 1.8p.

The drop in revenue came as the business missed out on the benefit of significant levels of short-term, higher margin project work that had boosted results in 2018.

Trading was instead notable for an increase in the levels of contracted work, which jumped from 72% to to 79% of total revenues.

Meanwhile, the newly released PROception package, a service which makes the reception part of a building's security, beat expectations to secure annualised revenues £0.8m in its first year.

Since the end of the year, Croma said an increased requirement for its services has already created a step change in the financial performance of the business due to heightened concern over threats to security of individuals, customers and assets.

Chairman Sebastian Morley said: "While one-off project work distorts comparisons with 2018, the underlying run rate in earnings has more than doubled over the last three years driven by the increase in contracted income. This, together with our progress towards developing a national chain of security centres and the speed with which the PROception concept has caught on, has made this another good year for the business."

Croma Security Solutions shares were down 8.60% at 85.00p at 1112 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CSSG Market Data

Currency UK Pounds
Share Price 82.00p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 94.00p
52 Week Low 66.00p
Volume 0
Shares Issued 12.93m
Beta 0.00

CSSG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.52% below the market average31.52% below the market average31.52% below the market average31.52% below the market average31.52% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
35.63% above the market average35.63% above the market average35.63% above the market average35.63% above the market average35.63% above the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Income
51.59% below the market average51.59% below the market average51.59% below the market average51.59% below the market average51.59% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
97.80% above the market average97.80% above the market average97.80% above the market average97.80% above the market average97.80% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

CSSG Dividends

  Latest Previous
  Final Final
Ex-Div 05-Dec-24 30-Nov-23
Paid 18-Dec-24 15-Dec-23
Amount 2.30p 2.20p

Trades for 22-Jul-2025

Time Volume / Share Price
14:10 4,000 @ 80.12p
13:57 550 @ 80.50p
09:16 242 @ 82.99p

CSSG Key Personnel

CEO Roberto Fiorentino
Finance Director Teodora Andreeva

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