logo-loader
viewNewmark Security PLC

Newmark Security CEO positive on growth prospects

The chief executive of Newmark Security (LON:NWT), Marie-Claire Dwek, says the company is set to see significant long-term rewards from its investment in new products and markets.

Newmark - which specialises in electronic and physical security – reported an increase in pre-tax profits in the year to 30 April along with a higher cash pile and dividend lift.

However, it warned that profit in the current financial year will be lower than the previous.

“We’re looking at new directions and new products,” said the CEO.

“A new version of SATEON – which is less project driven – will broaden our market reach. We’re already seeing positive feedback and will we carry on growing our presence around the globe.”

Quick facts: Newmark Security PLC

Price: 1.3 GBX

AIM:NWT
Market: AIM
Market Cap: £6.09 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Newmark Security PLC named herein, including the promotion by the Company of Newmark Security PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Newmark Security seeing good demand for its hygiene screens and night pay...

Newmark Security PLC's (LON:NWT) Marie-Claire Dwek tells Proactive London's Andrew Scott demand for its hygiene screens and night pay hatches has risen due to the coronavirus (COVID-19) outbreak. Newmark has two arms: Grosvenor, which specialises in clocking-in equipment and door access and...

on 22/5/20

2 min read