Security products supplier Newmark Security says that sales are 5% ahead in the first four months of this financial year.
The electronic security part of the business has done even better with nearly 9% growth in sales. Management is also hopeful that additional contracts will be won in the second half. Asset protection division sales are in line with last year but a major order will boost trading in the rest of the year.
Revenues fell from £14.9m to £13m in the year to April 2009. Both divisions reported lower revenues. Pre-tax profits dipped from £1.74m to £1.14m. Newmark is paying a maiden dividend of 0.25p a share.
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