The UK security industry is outperforming major European markets as average sales growth reaches 4.7 per cent, according to a new study from the market analysts Plimsoll Publishing.
The researchers’ findings – which look at the financial company performance of the UK, French, Italian and Spanish security market – suggests that businesses in the UK are outpacing their European counterparts in the sales department. On average, each company in the UK is growing at 4.7 per cent, followed by Spanish companies at 3.2 per cent with Italian and French companies growing at 2.2 per cent and 0.8 per cent respectively.
Despite UK companies growing the fastest, and firms in France struggling for growth, it seems the French are actually getting the best return on their bottom line with average margins at 4 per cent.
David Pattison, Plimsoll’s senior analyst, said: “The challenge for any company is to balance sales growth and commercial strength. It appears growth in the UK market is coming profitably as average margins have risen in the latest year. However, it’s the French market that’s of real interest. It appears the French market is growing slowly but, with the majority of companies appearing to be adverse to debt, it allows these security companies to make healthy margins. Clearly the ability to maximise their resources and drive the company harder is proving key to their competitiveness.”
To understand which companies are growing the fastest and to see who is making profit, the Plimsoll European Security Study is available to buy for £800 plus vat. This new Plimsoll Study individually analyses the largest and most important security companies across Europe and allows key decisions makers to gain a unique insight into each company’s strengths and weaknesses in one language and currency.
Readers of this article are entitled to a £50 discount and can purchase this report by emailing [email protected] and quoting the reference number PREURO.
