Shearwater Group plc (LSE:SWG), via its subsidiary Brookcourt Solutions, has secured a £7.3 million contract extension with a major UK mobile network operator. The deal covers the supply of Thales Imperva Data Security Fabric licences alongside ongoing managed services, enabling the operator to reinforce its data protection framework. The renewal underscores the increasing priority placed on cybersecurity in procurement decisions and highlights Shearwater’s ability to deliver mission-critical security solutions. It also deepens the company’s long-standing relationship with the telecoms partner and supports Shearwater’s broader growth ambitions by validating both its technical expertise and the strength of its vendor ecosystem.
Shearwater’s outlook reflects a balanced mix of positives and headwinds. While the group benefits from a stable balance sheet and improving cash generation, persistent profitability challenges and weak valuation metrics remain a drag. Nonetheless, recent corporate developments offer a degree of optimism regarding future stability and growth.
More about Shearwater
Shearwater Group plc is a UK-based cybersecurity provider delivering solutions across identity and access management, data protection, managed security services, and governance, risk, and compliance. Its mission is to help organisations build safer digital environments, leveraging a portfolio built through a buy-and-build strategy. Serving clients across multiple global industries, the company is listed on AIM under the ticker SWG.
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