11 November 2022 - disposal
The AIM-listed security and surveillance group has announced the disposal of its SSS Management Services business for consideration of around £200,000. The business provides monitoring and managed services to multi-site retailers in the UK and generated revenues of some £7m in the year to 30 November 2021. Despite this the operating profit was under £0.1m and the business had net liabilities of around £1.6m. The business was deemed non-core and the disposal will allow the group to focus on its core activities. Although the transaction is not material financially to . . .
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