The report says these companies are increasing sales at three times the rate of their larger competitors, delivering four times the profitability, and showing five times the return on investment.
Plimsoll senior analyst David Pattison said: “Twenty-two of the bigger companies are displaying symptoms of extreme tiredness. But the big companies are desperate not to miss out on the new profit and growth areas, so they are busy hunting down the emerging firms.”
The report claims that 22 of the top 200 firms are losing money, while 57 are making less profit than least year. “Salaries alone at the top 200 companies eat up 33 per cent of sales,” the report says. “In general they pay their staff more and are less productive.”
The study claims the security industry is the latest in a “long line” of industries to be affected by falling prices, while the cost of production has been on the rise.
The full analysis can be ordered from www.plimsoll.co.uk or by calling 01642 626422. Security Installer readers can claim a free second analysis into the rest of the industry when ordering and quoting the reference PR03.
