Less Ads, More Data, More Tools Register for FREE

Trading Update

15 Feb 2008 07:00

Croma Group PLC15 February 2008 CROMA GROUP PLC ("CROMA" OR "THE GROUP") TRADING UPDATE The Board of Croma, the AIM listed surveillance security and homeland defencespecialist, is pleased to significant contract wins as set out below. R&D Design Services R&D Design Services ("RDDS") have been awarded a contract valued in excess ofยฃ180,000 with Westland Helicopters Limited, based in Yeovil, to provide a numberof enhanced CRT monitors to be incorporated into the EH101 helicopter.Commenting on the contract win, RDDS Managing Director, James Sullivan said"This contract win is another example of RDDS successfully collaborating withour clients to satisfy specific end-customer requirements. We are pleased tobring our knowledge of enhanced video display applications to assist WestlandHelicopters with this installation." Vigilant Security (Scotland) Vigilant Security (Scotland) have been awarded a contract to guard and secure anadditional Ministry of Defence (MOD) barracks to the value of ยฃ80,000 per annum. Photobase Photobase have won a contract from HMP Garth in Preston to provide a BiometricVisitor Management System. The value of the installation is ยฃ43,000 with anadditional 3 year maintenance contract of ยฃ7,500 per annum. Sebastian Morley, Chief Executive of Croma, said "the contractor wins highlightthat the MOD, major UK Defence contractors such as Westland Helicopters, thePolice and UK Prison Service remain our core customers. Furthermore, we aredelighted to be able to provide ongoing services to these customers and by doingso develop an annuity based revenue stream." Enquiries: Croma Group plcSebastian Morley, Chief Executive 07768 006 909 Seymour Pierce LimitedMark Percy / Jeremy Garrett-Cox 020 7107 8000 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS