Croma Security Solutions Group Plc (LSE:CSSG) expects to report fiscal 2026 revenue of approximately £11.0 million, representing growth of around 15% compared with the previous year and modestly exceeding market expectations. EBITDA is forecast to be around £1 million as the company continues investing in its operations while pursuing long-term expansion.
The completion of the £6.5 million sale of its Vigilant Security business, together with receipt of the final deferred payment, has enabled Croma to concentrate on its higher-margin locksmith and electronic security systems operations. During the year, the company integrated six acquisitions, including TLS Security Systems and Southern Security Services, expanding its network to 17 security centres across the UK and strengthening its presence in key regional markets.
The latest trading update highlights continued demand from retail, commercial, healthcare and leisure customers as organisations increase investment in security infrastructure to meet evolving regulatory requirements and improve the protection of people and assets. With no bank debt and net cash of £4.9 million at year end, Croma enters the new financial year in a strong financial position, supported by a healthy pipeline of acquisition opportunities and a strategy focused on consolidating the fragmented UK locksmith and electronic security market.
While the company benefits from a robust balance sheet and supportive valuation metrics, its outlook is moderated by weaker technical indicators and inconsistent cash flow generation, including a recent period of negative free cash flow. Nevertheless, its acquisition-led growth strategy continues to provide opportunities for further expansion.
More about Croma Security Solutions
Croma Security Solutions Group Plc is a UK provider of locksmith services and electronic security systems serving retail, commercial, healthcare and leisure customers. The company operates a growing national network of modern security centres and specialises in acquiring established independent locksmith and security businesses to expand its market presence.
Following the disposal of its manned guarding subsidiary, Vigilant Security, Croma has sharpened its focus on higher-margin security services. Its enlarged network of 17 security centres, combined with a debt-free balance sheet and strong cash position, provides the company with the financial flexibility to continue pursuing acquisitions and organic growth opportunities across the UK security sector.
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