Simplex and Panasonic Security Systems Group enter partnering agreement

March/April 2000 News

The Sentry Group's outstanding half year results bears testimony to the company's continuing financial success and strengthens its position as the benchmark in the industry.

Turnover at R168,9 million is 16,3% up on the prior comparable period, whilst profit from operations rose 25,8% to R26,3 million.

Earnings grew by 40,5% to R18,4 million whilst earnings per share increased by 35% from 7,6 cents to 10,3 cents.

'The results reflect our core business philosophy that good service is good business,' says Rob Matthews, Chairman of the Sentry Group, SA's leading security company. "Our brand has been built around our reputation as market leader on price and has continued to grow from strength to strength as more people buy into the idea that you get what you pay for.

"Since the Paramed deal in June last year, we have continued to consolidate our client base and fast tracked the roll-out of the Sentry brand name on a national basis. We have consequently dramatically increased our visibility and also continue to improve response times as a result of the higher client density."

Looking to the future, Matthews anticipates good growth for the company's three divisions - monitoring and armed response, guarding and forensic investigation.

"We are well positioned for further expansion in terms of client numbers and expect to continue to benefit from the global trend to outsourcing," he said.

"Sentry's client density and sophisticated control rooms places the group in a strong position within the security industry. We are confident that our strategy of organic growth, the rationalisation of existing operations and appropriate acquisitions will stand us in good stead for growth over the next few years."

Source: Sentry Group




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

TAPA: The role of an effective treasury function in business risk management
June 2019, Technews Publishing , News
Neil Le Roux, the Founder of Diligent Advisors will speak at the TAPA SA (Transported Asset Protection Association) annual conference on 26 July 2019.

Read more...
Platforms are us
September 2019, Technews Publishing , News
A conversation I had at the recent Residential Estate Security Conference Hi-Tech Security Solutions hosted in August (which will be reviewed in the October issue) got me to thinking about the security ...

Read more...
TAPA conference 2019 explores layered approach to security
September 2019, Technews Publishing, TAPA (Transported Asset Protection Association) , News, Transport (Industry)
The Transported Asset Protection Association (TAPA) held its annual South African conference at Emperors Palace in Johannesburg on 26 July 2019.

Read more...
Hennie Lategan joins Centurion as head of exports
September 2019, Centurion Systems , News, Access Control & Identity Management
Centurion Systems has announced the appointment of Hennie Lategan as the head of the company’s exports department.

Read more...
New Africa sales manager for Axis Communications
September 2019, Axis Communications SA , News, CCTV, Surveillance & Remote Monitoring
Axis Communications has appointed Brendon Hall, previously the founder and MD of Pentagon, as its new sales manager, Africa.

Read more...
Check Point appoints new regional director for Africa
September 2019 , News, Cyber Security
Check Point Software Technologies has appointed Pankaj Bhula as regional director for Africa.

Read more...
ISO standard for protecting personal data
September 2019 , News, Cyber Security
Tackling privacy information management head on: first ISO standard for protecting personal data has been published.

Read more...
Hikvision helps secure African Union Summit
September 2019, Hikvision South Africa , News, CCTV, Surveillance & Remote Monitoring
Hikvision established a complete intelligent video solution to ensure the security of the thirty-third African Union (AU) Summit held on 7 July in Niamey, the capital of Niger.

Read more...
The hunt for the Carbanak group
September 2019 , Editor's Choice, Cyber Security, News
Tomorrow Unlocked has released a free four-part documentary that tells the story of the notorious Carbanak APT group and its $1 billion bank heist.

Read more...
Rockwell Automation a founding member of ISA Global Cybersecurity Alliance
September 2019 , News, Industrial (Industry)
To better secure today’s complex and often vulnerable production operations, the ISA Global Cybersecurity Alliance recently announced Rockwell Automation as a founding member.

Read more...