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Petards ( (GB:PEG) ) has issued an announcement.
Petards Group PLC reported improved performance for the second half of 2024 due to the acquisition of Affini Technology Group. Despite increased revenues and EBITDA, full-year results were below expectations. The Group’s order book has significantly grown, and new products like the Harrier AI ANPR camera are being launched to target broader markets. The company enters 2025 with a strong order book and a positive outlook for trading performance, aided by a full year’s contribution from Affini.
More about Petards
Petards Group PLC is a developer of advanced security, communication, and surveillance systems. The company focuses on providing these solutions across various markets, and it has recently integrated Affini Technology Group Limited to enhance its operations.
YTD Price Performance: -3.03%
Average Trading Volume: 51,805
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.86M
For a thorough assessment of PEG stock, go to TipRanks’ Stock Analysis page.