A new study from global market analyst Plimsoll Publishing indicates that the UK’s security industry is outperforming major European markets as average sales growth reaches 4.7%.
Plimsoll’s findings – in the wake of analysing companies’ financial performance in the UK, French, Italian and Spanish security markets – reveals 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%, followed by Spanish companies at 3.2% with Italian and French companies growing at 2.2% and 0.8% respectively.
|Region||Average company sales growth||Average company pre-tax profit margin|
Despite UK companies growing the fastest, and firms in France seemingly struggling for growth, it appears the French are actually deriving the best return on their bottom line with average margins at 4%.
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 occurring 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.
Pattison added: “Clearly, the ability to maximise their resources and drive the company harder is proving key to their competitiveness.”
This new Plimsoll study individually analyses the largest and most important security companies across Europe and allows key decision-makers to gain a unique insight into each company’s strengths and weaknesses in one language and currency.
*To understand which companies are growing the fastest and to see who’s making profit, the Plimsoll European Security Study is available to buy for £800 +VAT. Readers of this article are entitled to a £50 discount and can purchase the report by e-mailing email@example.com and quoting the reference number PREURO