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London Security ( (GB:LSC) ) has provided an announcement.
London Security PLC reported its financial results for the year ended December 31, 2024, showing a slight increase in revenue to £220.7 million but a decrease in operating profit to £29.7 million compared to the previous year. The company faced challenges such as adverse currency exchange rates and low business confidence, impacting growth. Despite these challenges, London Security remains focused on growth through acquisitions and maintains a strong financial position with healthy cash reserves, positioning it well for future market conditions.
More about London Security
London Security PLC operates in the fire protection industry, providing fire safety products and services. The company focuses on expanding its market presence through acquisitions across Europe, including Austria, the Netherlands, the United Kingdom, Belgium, Luxembourg, France, and Germany.
Average Trading Volume: 122
Technical Sentiment Signal: Strong Buy
Current Market Cap: £465.9M
For an in-depth examination of LSC stock, go to TipRanks’ Stock Analysis page.