London Security (LSC)

Sector:

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 3,800.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 3,850.00
  • 52 Week Low: 2,220.00
  • Currency: UK Pounds
  • Shares Issued: 12.26m
  • Volume: 125
  • Market Cap: £465.94m
  • RiskGrade: 81

London Security's profits bolstered by favourable exchange rates

By Duncan Ferris

Date: Friday 04 May 2018

LONDON (ShareCast) - (Sharecast News) - Fire safety firm London Security announced on Friday that its profits increased by 4% to £21.7m over 2017 as the company benefitted from foreign exchange movements.
Movements in exchange rates had a favourable impact on the firm's revenues in the year leading up to 31 December, adding £7.3m to reported revenues for a 10% increase on the prior year to £125.9m.

If results had been translated at the same rates as 2016 then revenue would still have seen an increase of 3% to £118.6m.

London Security said that throughout 2017 it "consolidated its presence" in the Netherlands, Germany and the UK by acquiring service contracts with nine small and well-established businesses for integration into its subsidiaries.

Furthermore, it acquired a 75% interest in a UK business, allowing London Security to bring in house a partner with which it has previously subcontracted.

The AIM-traded company seeks to continue its growth through further acquisitions throughout Europe.

J.G Murray, chairman of London Security, said: "2017 was a year in which the staff performed well and, on behalf of the shareholders, I would like to express thanks and appreciation for their contribution. The Group recognises that we can only achieve our aims with talented and dedicated colleagues who provide outstanding customer service in every area of the business."

As of 1346 BST, London Security's shares were up 0.48% at 2,100.00p

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

London Security Market Data

Currency UK Pounds
Share Price 3,800.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 3,850.00
52 Week Low 2,220.00
Volume 125
Shares Issued 12.26m
Market Cap £465.94m
RiskGrade 81

London Security Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.12% below the market average79.12% below the market average79.12% below the market average79.12% below the market average79.12% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Price Trend
93.12% above the market average93.12% above the market average93.12% above the market average93.12% above the market average93.12% above the market average
96.49% above the sector average96.49% above the sector average96.49% above the sector average96.49% above the sector average96.49% above the sector average
Income
7.84% below the market average7.84% below the market average7.84% below the market average7.84% below the market average7.84% below the market average
18.31% below the sector average18.31% below the sector average18.31% below the sector average18.31% below the sector average18.31% below the sector average
Growth
3.96% below the market average3.96% below the market average3.96% below the market average3.96% below the market average3.96% below the market average
10.28% below the sector average10.28% below the sector average10.28% below the sector average10.28% below the sector average10.28% below the sector average

London Security Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Jun-22 28-Oct-21
Paid 08-Jul-22 26-Nov-21
Amount 42.00p 40.00p

Trades for 19-May-2022

Time Volume / Share Price
12:38 125 @ 3,620.00p

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