Study warns of slowdown for alarm industry
Of the top 358 UK companies in the sector, the publication says that:
- 21 per cent are at most risk as they are already affected, seeing a slow down in the market. Both sales and profits have fallen in the last period.
- 38 per cent are doing well and seem unaffected, showing no signs of recessionary behaviour. Both sales and profits have increased in the last period.
- 13 per cent are showing the signs of caution. Whilst profits have improved, sales have declined in the last period.
- 28 per cent seem intent on capturing market share whatever the cost. whilst sales have increased, profits have fallen in the last period.
David Pattison, senior analyst at Plimsoll, said: I think the game of blame the industry will start soon. Let’s face it, it’s an ideal time to rush any bad news out, and managers can use talk of a recession to cover up problems that go back years. The reality is there is a lot of success out there and these struggling companies are simply being outplayed by the competition.”
A full list of the companies included can be obtained from plimsoll.co.uk or by calling 01642 626400. The full analysis can also be purchased for GB pound 305 – but readers of Security Installer will receive a five per cent discount on their order.
Study warns of slowdown for alarm industry
Of the top 358 UK companies in the sector, the publication says that: 21 per cent are at most risk […]
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