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An update from Petards ( (GB:PEG) ) is now available.
Petards Group PLC reported its final results for the year ending 31 December 2024, highlighting significant progress including the acquisition of Affini Technology, which has diversified its earnings and expanded its customer base. The company saw a growth in total revenues to £12 million, supported by strong performance in its QRO ANPR solutions and the integration of Affini. Despite challenges in the rail and defense markets, Petards maintained a robust order book and anticipates improved trading performance in 2025, driven by a full year’s contribution from Affini and new product developments.
More about Petards
Petards Group PLC is a developer of advanced security, communication, and surveillance systems. The company focuses on critical communications and wireless technologies, with a strong presence in the traffic and defense sectors. Petards is known for its QRO ANPR solutions and eyeTrain rail solutions, catering to both domestic and international markets.
Average Trading Volume: 43,471
Technical Sentiment Signal: Buy
Current Market Cap: £4.93M
Learn more about PEG stock on TipRanks’ Stock Analysis page.