Croma rises on contract wins, but full year losses widen

Shares in Croma Security Solutions Group (CSSG) got a boost on Monday morning after announcing two contract wins, which helped soften the blow of an increased loss for the full year ended June 30th.

Shares in Croma Security Solutions Group (CSSG) got a boost on Monday morning after announcing two contract wins, which helped soften the blow of an increased loss for the full year ended June 30th.

For the year to June 30th, revenue grew 17% from £8.5m to £9.9m, but pre-tax losses increased to £0.5m from £0.1m in 2011.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.