PSIMay2017

INDUSTRY NEWS
INDUSTRY NEWS
CEF earns SafeContractor award
Lars Thinggaard,
President and CEO,
Milestone Systems
In brief
The Master Locksmiths
Association has announced
that registrations for the
MLA Expo are up on
previous years with visitor
registrations currently
tracking at 98.7% up on the
same time for the previous
show in 2015.
BSI has published Publicly
Available Specification
(PAS) 13, Code of practice
for safety barriers used in
traffic management within
workplace environments
with test methods for safety
barrier impact resilience.
Milestone presents 18% revenue
growth figures
Milestone Systems has presented a strong
financial report for 2016 with growth of 18%
over 2015.
Milestone Systems reports 2016 invoiced
revenue of DKK 805 M (EUR 108 M). Net revenue
was DKK 709 M (EUR 95 M), an increase of 18%
compared to 2015. Operating income before
depreciation and amortization (EBITDA)
resulted in DKK 121 M (EUR 16 M) and net
income reached DKK 42 M (EUR 5.6 M).
With the reported growth, Milestone
Systems has exceeded the overall growth in the
market for video surveillance equipment, which
is expected to have reached 6% in 2016.
“The reasons for our growth stem from our
strong community of partners and customers,
Hadrian Technology ranked in the
FT 1000 listing
Hadrian Technology has been shortlisted in
The Financial Times’ inaugural ranking of
Europe’s fastest-growing businesses – The FT
1000 – compiled in co-operation with statista.
The news comes a few months after Hadrian
CEF has been awarded SafeContractor
Accreditation following an audit of the health
and safety procedures adhered to across its
network of almost 400 branches and over
2,500 employees. The company was
accredited for consistently maintaining robust
health and safety standards and processes by
the third party accreditation scheme,
dedicated to recognising and rewarding high
standards of health and safety amongst UK
contractors.
our open platform technology and investments
in innovation and new technologies. We aim to
continue this co-creation approach with our
community and will keep investing in innovation
in the years to come,” states Lars Thinggaard,
President and CEO, Milestone Systems.
In 2016, Milestone Systems launched several
new initiatives together with its community,
among others, partners Intel and Siemens, and
end-users Hyatt Hotels and Stockholm Metro.
Technology was named as a Sunday Times
Virgin Fast Track 100 company.
The league table, published online, will
feature in a Financial Times special report at
the end of April. It ranks Europe’s 1000 fastest
growing companies between 2012 and 2015.
Ranked 252 out of 1000 European
companies, North East-based Hadrian
Technology advises clients on the design and
installation of bespoke high-quality CCTV
solutions, operating software and digital
cloud-based storage through to ongoing
maintenance. Established in 1999 by Stuart
Ferguson and Gary Trotter (pictured), the
company has a track record of delivering CCTV
security systems for a range of retail, leisure,
hospitality and public sector companies and
organisations across the UK and Ireland.
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