Croma Security Solutions (GB:CSSG) has released an update.
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Croma Security Solutions Group has reported a successful year with a 8.9% increase in revenue and a 13% rise in EBITDA, attributed to a new strategic focus on its core businesses and expansion of its security centres. The company maintains a strong financial position with no debt and a significant cash reserve, while also benefiting from increased demand due to upcoming legislation, Martyn’s Law, which enhances security requirements in public spaces. With a promising pipeline for store acquisitions, Croma is set to continue its growth trajectory in the security sector.
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