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Trading Update

4th Aug 2011 07:00

RNS Number : 7108L
Croma Group PLC
04 August 2011
 



Croma Group PLC ("Croma" or "the Group")

 

Trading Update

 

Croma, the AIM listed total security services provider today issues the following unaudited trading update.

 

Growth during the twelve months ended 30 June 2011 has exceeded the Board's expectations. Total revenues for the Group during the year were £8.5 million (2010 £7.0 million), an increase of 21%.

 

In light of recent significant contract wins, the Board is optimistic for the Group's prospects in 2012. Croma's strong performance in a competitive market has justified the Board's decision to refocus Croma as a total security services business. The implementation of this strategy has been accelerated by the joint venture with CSS Total Security Limited.

 

The Group expects to announce full results for the twelve months ended 30 June 2011 during the week commencing 26th September.

 

For further information, please contact:

 

Croma Group PLC:

Sebastian Morley, CEO

Tel: 07768 006 909

Brewin Dolphin (NOMAD):

Sandy Fraser, Managing Director - Corporate Finance

Tel: 0845 213 2072

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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