Croma Security Solutions Group (CSSG)

Sector:

Support

72.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 84.50
  • 52 Week Low: 66.50
  • Currency: UK Pounds
  • Shares Issued: 15.90m
  • Volume: 18
  • Market Cap: £11.45m
  • Beta: 0.00

Croma Security reports solid momentum in new financial year

By Josh White

Date: Wednesday 04 Dec 2024

LONDON (ShareCast) - (Sharecast News) - Croma Security Solutions said in an update on Wednesday that it has achieved 6.3% like-for-like growth and maintained a robust balance sheet, with no debt and £4.1m in cash as of 30 November.
The AIM-traded firm, which was holding its annual general meeting, said an additional £2.9m was expected from the disposal of its Vigilant division.

Pending shareholder approval at the meeting, a final dividend of 2.3p per share would be paid on 18 December.

Croma said it was poised to benefit from the upcoming introduction of 'Martyn's Law' (Terrorism Protection of Premises Bill), legislation designed to enhance safety at public venues and events.

Named in memory of Martyn Hett, a victim of the 2017 Manchester Arena attack, the legislation had driven significant inquiries from businesses seeking guidance on compliance with anticipated safety protocols.

Trading in the current financial year had been positive and in line with expectations, the board said, with organic growth across key sectors, including education, utilities, health, and leisure.

Demand continued for both traditional security services and advanced integrated solutions, reflecting heightened awareness of security risks.

The company said it was advancing its expansion strategy by acquiring profitable locksmith stores, which were being transformed into security centres.

That, the board said, would enhance its revenue and customer base, further strengthening its position as a leader in the UK security market.

At 1241 GMT, shares in Croma Security Solutions Group were up 9.64% at 91p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


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 72.00p
Change Today 0.50p
% Change 0.70 %
52 Week High 84.50
52 Week Low 66.50
Volume 18
Shares Issued 15.90m
Market Cap £11.45m
Beta 0.00

CSSG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.36% below the market average12.36% below the market average12.36% below the market average12.36% below the market average12.36% 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
49.72% below the market average49.72% below the market average49.72% below the market average49.72% below the market average49.72% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Income
20.54% below the market average20.54% below the market average20.54% below the market average20.54% below the market average20.54% below the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
88.91% above the market average88.91% above the market average88.91% above the market average88.91% above the market average88.91% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% 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 12-Oct-2026

Time Volume / Share Price
11:18 5 @ 73.00p
11:18 4 @ 73.00p
10:12 3 @ 73.00p
08:41 6 @ 70.00p

CSSG Key Personnel

CEO Roberto Fiorentino
Finance Director Teodora Andreeva

Top of Page