News blog
Eruma
- BY: Andrew Hore |
- POSTED: 27/06/2008 |
Eruma expects to continue to grow in 2008.
The security blinds and emergency lighting supplier’s revenues grew 74% to £955,000 in 2007. There was a six months contribution from emergency lighting supplier Illuminex. It still lost £837,000, against £878,000 the previous year.
Eruma is building up its sales expertise in order to tap the global anti-terrorism market. Its security blinds can withstand a 1,000 pounds TNT equivalent blast.
Philips has chosen to market the DALI protocol version of Illuminex’s Xscape Series emergency lighting product range in the UK. There is a 98% reduction in energy consumption when compared with a standard eight watt fluorescent tube.
The shares were unchanged at 5.5p. Earlier in June Eruma raised £603,000 at 5.75p a share.
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