Pre-Close Trading Update
12 Marzo 2008 - 1:07PM
UK Regulatory
RNS Number:9356P
SectorGuard PLC
12 March 2008
SectorGuard Plc / Ticker: SGD / Index: AIM / Sector: Support Services
12 March 2008
SectorGuard Plc ('SectorGuard' or 'the Company')
Pre-Close Trading Statement
SectorGuard Plc, the AIM listed total security solutions group, is pleased to
announce a pre-close trading update for the year ended 31 March 2007. As
highlighted in the interims, SectorGuard has grown its turnover year on year
since 1998 and this trend is expected to continue. The Company has invested
significantly in expansion initiatives, such as increased marketing, which are
now paying dividends in the form of strong current trading and future pipeline.
The acquisitions made over the last two years have been integrated successfully,
widening the geographic reach of the business and contributing to the Company's
financial performance.
During the current period, the Company has won a number of new contracts across
its four key divisions, the largest being a manned guarding contract with
Goldsmiths College, University of London, which further strengthens its position
in the education sector. It also renewed its service agreement with JD Sports
for the maintenance of CCTV and intruder alarm systems and was awarded security
service contracts with clients as diverse as BioPark Hertfordshire, Exxon Mobil,
Centrepoint and One Housing Group.
As well as winning new contracts, the Company has further expanded its service
offering and, during the year, Baroness Ruth Henig, chairman of the Security
Industry Authority, opened SectorGuard's Data Protection Suite. This facility
allows the Company to act as data co-ordinator for its clients and assists them
in meeting the requirements of the Data Protection Act.
In addition, the Company is pushing the boundaries of excellence having won
various key accreditations as well as renewing its existing accreditations.
SectorGuard was re-awarded its Approved Contractor Scheme ("ACS") status for the
private security industry, further improving on its scoring against the ACS
quality benchmarks and has achieved Investors in People accreditation. It is
also aiming to be one of the first security service providers to be accredited
with ISO 14001, Environmental Management Systems. This makes a powerful
statement about the Company's environmental credentials, which the directors
believe will increase access to new customers and business partners and will be
reflected in a stronger and more sustainable business.
Furthermore, SectorGuard was named as a 'Best Practice Champion' by the
Institute of Association Management, having started an Anglo-American exchange
programme for security officers from the UK and the USA to share best practice
in professional methods, training and management between the two countries.
SectorGuard CEO David Marks said: "We have put in a strong trading performance
and I look forward to delivering our results, which should reflect the progress
we have made and should exceed market expectations. The UK market demand for all
security products is growing rapidly driven by the threat of terrorism and
rising levels of crime and disorder. SectorGuard, with its broad range of
security services, is ideally positioned to take advantage of this growth as
highlighted by its recent contract wins. Our initiatives put in place last year
are now bearing fruit and we are positive about 2008 and beyond."
* * ENDS * *
For further information visit www.sectorguard.plc.uk or contact:
David Marks SectorGuard Plc Tel: 07836 571339
Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7236 1177
Jonathan Wright Seymour Pierce Limited Tel: 020 7107 8000
Notes
SectorGuard, founded in 1998, supplies total security solutions across the UK.
It has four key divisions: fire & security systems, response services, retail
security tagging and security personnel servicing a broad range of public and
private sector clients.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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