This is due to blatant under-performing and a failure by company leaders to focus on the bottom line, according to a report by Plimsoll Portfolio Analysis*.
It finds that more than a quarter of companies in the sector are making a loss and half of all companies are making less than a nine per cent return on their investment.
Senior analyst David Pattison commented: “These figures show just how competitive the UK burglar and intruder alarm systems industry has become. The ability to make a profit is now becoming the exception, not the norm.”
The Plimsoll analysis has given each of the top 352 companies in the industry a ‘Profit Plan’ which identifies how each needs to focus on its bottom line and make more profit. Using budgeted figures, the analysis shows GB pound 130 million in extra profit could be created.