Plimsoll Publishing's just-published research report – entitled 'The UK Security Market' – predicts a "healthy" growth of 4% in 2002. That said, the news is only good for some of the industry's players, as increased revenues will not be felt by all.
Studying the latest figures from the largest 1,000 companies in the security sector, Plimsoll reveals that over 35% of the industry may not witness any growth at all this year, indeed 13% of sales (on average) may be lost. Adding to their distress, almost two-thirds of these companies saw profits fall in 2001, while almost 42% of The Top 1,000 are currently running at a loss.

On a happier note, the report does outline 483 companies that shared a combined 20% growth last year. Within this group, 121 businesses increased their sales by a minimum of 40%. The current Top Ten, therefore, includes Royal Ordnance, Sealed Air, Video Controls Ltd, Leaderflush and Shapland, Wackenhut (UK), Matrix-Securities, Alphameric Red Onion, the Bewator Group, Johnson Security and Resolution Security.

Copies of the 1,150-page report 'The UK Security Market' are priced at £305. Telephone Plimsoll Publishing direct (on 01642 626400) for ordering details.

Source

SMT