Croma Security Solutions wins £1.6m contract

1st Feb 2017 09:12

(ShareCast News) - Croma Security Solutions Group (CSSG), an AIM listed total security provider, has won a contract with a major UK water utility provider for lock systems worth £1.6m over 2.5 years.Chairman Sebastian Morley said: "We are pleased to have won this contract, which is especially significant as other utility providers are facing regulatory pressure to install more sophisticated and compliant systems and we will be marketing our services to them with vigour. This win further demonstrates our Group offering and builds on the contract wins in our guarding division."The share price rose 11.54% to 43.50p at 1113 GMT on Wednesday.