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 £130 million in extra profit could be created.
Source
Security Installer
Postscript
*The Plimsoll Portfolio Analysis – Burglar & Intruder Alarm Systems is available for £305 from www.plimsoll.co.uk
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