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IN BRIEF: Acuity RM books surge in cybersecurity orders in first half

11th Jul 2024 06:57

Acuity RM Group PLC - London-based cybersecurity software - Wins orders worth GBP1.0 million in the first half of 2024, up 50% from GBP677,000 a year prior. This was helped by a strong second quarter, during which orders surge by 81% to GBP693,000 from GBP383,000, as several opportunities had been postponed to the second quarter. Executive Chair Angus Forrest says: "We expect to be able to announce an accelerating rate of order wins and developments in all areas of the business over the next 12 months. In particular we are redeveloping our core product, Stream, so it incorporates the latest technologies, remains at the forefront of risk management software platforms available in the [governance, risk and compliance] market and has a suite of improvements built in to maintain its competitive edge."

Current stock price: 3.49 pence, closed up 2.6% on Wednesday in London

12-month change: down 51%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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