Business
Final Results for the year to 30 June 2013
Final Results for the year to 30 June 2013.
About this update from Croma Security Solutions Group Plc
[{"type":"text","content":"\n \nRNS Number : 9870S Croma Security Solutions Group PLC 14 November 2013 \n \n\nCROMA SECURITY SOLUTIONS GROUP PLC\n(LON: CSSG)\n \nFINAL RESULTS\nFOR THE YEAR TO 30 JUNE 2013\n \nCROMA SECURITY SOLUTIONS GROUP PLC (\"the Group\"), the AIM listed total security services provider, announces its audited results for the year ended 30 June 2013. These reflect the first full years trading as a fully integrated security specialist provider following the expansion of the Group by acquisition in March 2012. \n \nHighlights\n \n· Revenue growth to £13.25m an increase of 34%\n· Gross Profit up to £3.27m growth of 86%\n· Adjusted EBITDA* of £0.34m\n· Balance sheet net assets at £8.56m \n· Positive earnings of 0.55p per share\n· Renewal of the Group's largest contract, delivering revenues expected to exceed £3m per annum until April 2015.\n \n*Adjusted EBITDA comprises earnings before interest, tax, depreciation, amortisation and impairment charges.\n \nAn electronic copy of the annual report is available from the Group's website www.cssgroupplc.com and copies have been sent to shareholders together with the Notice of AGM. \n \nFor further information Contact:\n \nCroma Security Solutions Group plc\nSebastian Morley, Chairman Tel: +44 (0)7768 006 909\n \nWH Ireland Limited (NOMAD)\nAdrian Hadden / Nick Field Tel: +44 (0)207 220 1666\n&n...