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Newmark Security

  • BY: Andrew Hore |
  • POSTED: 15/01/2013 |

Newmark Security has won a £3.9m from the Post Office so full year profit will be well above the £600,000 previously forecast.

The order is for time delayed security safes and follows an initial £3.4m order last June. The equipment element of the order is worth £2.6m and will be delivered before the end of the company’s April year end. The other £1.3m is for installations and reserve stock.

The share price jumped 0.28p to 1.25p a share, valuing Newmark at £5.63m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFDecember2012_39.pdf

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