Curated News
By: NewsRamp Editorial Staff
May 17, 2024
Newmark Security Wraps Up Strong Year with Positive Momentum Continuing
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- Newmark Security PLC reported a strong second-half performance, positive revenue trajectory, and significant improvements in EBIT, EBITDA, and cash flow figures, providing a competitive advantage.
- Newmark Security PLC specializes in electronic software and security systems, with growth recorded across both People and Data Management and Physical Security divisions.
- Newmark Security's expansion in the US market has enhanced service responsiveness and operational efficiency, contributing to a better world.
- Newmark Security PLC CEO Marie-Claire Dwek remains optimistic about the new financial year, pointing to a strong sales pipeline and continued upward trend in growth and expansion.
Impact - Why it Matters
The news of Newmark Security's strong performance and expansion in the US market is important as it signals potential growth and opportunities in the electronic software and security systems industry. This could impact investors, employees, and customers, as the company's positive trajectory indicates a promising future with continued upward trend in growth and expansion.
Summary
Newmark Security PLC CEO Marie-Claire Dwek discusses the company's strong trading update for the year, reporting positive revenue trajectory, significant improvements in EBIT, EBITDA, and cash flow figures, and a 28% increase in recurring revenues for the Human Capital Management division. The company also highlighted its expansion in the US market and expressed optimism for the new financial year with a strong sales pipeline and potential growth in both hardware and software.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Newmark Security Wraps Up Strong Year with Positive Momentum Continuing
