Croma Security Solutions Group Plc reported unaudited consolidated earnings results for the six months ended December 31, 2017. For the six months, the company reported revenue of £17.269 million compared to £11.154 million a year ago. Operating profit was £1,016,000 compared to £251,000 a year ago. Profit before tax was £998,000 compared to £224,000 a year ago. Profit for the year from continuing operations was £817,000 or 4.92 pence per basic and diluted share compared to £186,000 or 1.09 pence per basic and diluted share a year ago. Profit and total comprehensive profit for the period attributable to owners of the parent was £817,000 compared to £186,000 a year ago. Net cash generated from operations was £1,316,000 compared to net cash used in operations of £372,000 a year ago. Purchase of property, plant and equipment was £114,000 compared to £113,000 a year ago. Significant rise in EBITDA to £1.2 million compared to £0.44 million a year ago.

The company provided earnings guidance for the full year 2018. Profits for first half year are well in excess of the whole of last year so the company is on track for this to be a record year for the business.