- Operating margin improving.
- Strong cash generation.
- Progressive dividend policy.
A leader in advanced security and surveillance systems is delivering strong profit growth, is highly cash generative and offers a compelling valuation to exploit.
This innovative UK technology company has de-risked its current year earnings forecasts, is rated on a single-digit forward price-to-earnings (PE) ratio for the 2024-25 financial year and is forecast to double profits over a three-year forecast period. A robust order book and gathering momentum in key markets improves the investment case even further. For good measure, the board has adopted a progressive dividend that is well underpinned by a double-digit free cash flow yield.
