Croma Security Solutions (GB:CSSG) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Croma Security Solutions Group PLC has reported an 8.9% increase in revenue to £8.74 million for the fiscal year ending June 2024, driven by its strategic focus on expanding the Croma Locksmiths and Fire & Security divisions. With a strong cash reserve and no bank borrowings, the company plans to enhance its national security network through strategic acquisitions, aiming for a 15% return on investment per store. The firm’s robust financial position and innovative service offerings set it up for significant growth in the coming year.
For further insights into GB:CSSG stock, check out TipRanks’ Stock Analysis page.