Norbain moves out of the frame

Article Abstract:

Norbain saw a drop in its share price following the loss of an important supplier, Dedicated Micros. The company has signed a new agreement with Sensormatic and this has helped the share price recover but the benefits of this agreement have yet to be assessed. The company's profit forecast for 1996 to 1997 has been downgraded and there are other problems such as a disappointing performance in France. Norbain has acquired AlarmExpress which has been slower to recover than expected, and another acquisition, Reditron, could report a loss for 1996 to 1997.

Radio & TV communications equipment, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Closed Circuit TV Equipment, Closed circuit television equipment, Television equipment industry

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Chubb Security

Article Abstract:

Chubb Security has seen steady growth which has been depressed by lower demand from a depressed construction industry and consolidation in the European banking industry. Chubb has resources to expand through acquisitions and sees Asia as a market offering growth potential. The company has carried out a three year restructuring program and does not have much scope for boosting margins. The company's pre-tax profit for 1997 is forecast at 109 million pounds sterling by BZW, a downward revision of 4 million pounds.

Hardware Manufacturing, Hardware, not elsewhere classified, Industrial Locks incl Electronic, Builders' Hardware, Locks (Security devices), Chubb Security Plc

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Norbain: still a steal at Norbain

Article Abstract:

Norbain is a UK company supplying alarms and closed circuit TV systems. The company has acquired AlarmExpress in Mar1996, which ranks second in the UK intruder alarm market. This activity fits well with Norbain's closed circuit TV activities, where the company ranks first in the UK market. Norbain plans expansion in Europe and already has a profitable selling operation in Paris. The company's profits are forecast to rise to 5.5 million pounds sterling from 4.2 million pounds.

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