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21st Century back in black

Wed, 09th Sep 2009 14:58
Surveillance camera specialist 21st Century said it hit current City expectations for full-year profits at the halfway stage, as it moved into the black on the back of strong public transport monitoring systems sales.Group revenue from continuing operations increased by 17% to £7m in the first half of 2009 from £6m a year earlier, while profit before tax was £0.28m versus a loss of £0.03m.'So far in this second half, we have won a significant new contract with Go-Ahead Group and we are moving forward with justified confidence,' claimed Peter Ward, chairman of 21st Century, adding that the company remains on the look-out for the chance to expand into related markets.

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