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Adam Bannister is a contributor to IFSEC Global, having been in the role of Editor from 2014 through to November 2019. Adam also had stints as a journalist at cybersecurity publication, The Daily Swig, and as Managing Editor at Dynamis Online Media Group.
A cohort of 146 UK-based security firms particularly excelled, growing by 10% year on year.
At the less successful end of the scale, 206 businesses saw their value fall by a third.
“As a director, taking stock of your company value is a great barometer to measure your success and to analyse the overall state of the market,” said Plimsoll’s lead author David Pattison.
“In all, we have identified 146 businesses that have increased in value by 10% and their financial performance adds to the belief that the overall market is continually improving.
“Having said that, we have seen 206 businesses that have seen their value fall by over a third and it is clear that, although the market is improving, it is still a challenging landscape.”
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UK security companies grow 5% in value despite Brexit turbulenceWith the UK economy growing faster than expected in the final quarter of 2016, there’s good news too for the UK security industry.
Adam Bannister
IFSEC Insider | Security and Fire News and Resources
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