red24 (AIM:REDT) – terrific results…after the crisis
The AIM quoted crisis assistance company has announced a cracking set of results for the year ending 31st March 2015 with terrific cash generation and a double digit increase in the dividend.
red24 is a crisis assistance company that provides a range of security and business support services, offering preventative and reactive advice to help organisations and individuals to avoid or manage security and business risks to themselves, their families and their businesses. Its products and services are distributed through leading international financial service companies. Ironically the Group had to combat its own little crisis back in August 2014 on news of a significant contract loss. Revenue from continuing operations increased by 1% to £5,947,246 but cost reductions and improved levels of new business led to profit before tax up 25% to…