Outlook: Revitalised strategy delivering growth
The recent H115 results demonstrate that the strategic programme of actions instigated by Newmark Security’s new management is beginning to drive growth. As well as being desirable in itself, these activities reduce the dependence on any individual customer. The shares continue to trade at a significant discount to peers on all metrics.Newmark is a provider of security systems. Co. is engaged in the design, manufacture and supply of products and services for the security of assets and personnel. Co. operates in two divisions: electronic (Grosvenor Technology), which designs and distributes access control systems, as well as workforce management systems hardware for time-and-attendance, shop-floor data collection, and access control systems; and asset protection (Safetell), which designs and installs fixed and reactive security screens, reception counters, cash management systems and associated physical security equipment, as well as services and maintains CCTV systems, automatic door operators, locks and other equipment.
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