Bought into company after reading Rumour of the Day in the Times about month ago. Company rumoured to have gone to US to talk to defence chiefs .Would appreciate any comments Thanks. Up 14% today.

Why so quiet today - results out this week, expected to be v.good!!?
Why the lack of volume?

Results today.

MASSIVE!

Embargoed: 0700hrs 1 March 2005

Croma Group Plc

Interim Results for the six months to 31 December 2004

Highlights:

* Continued improvement in sales in the period

* Turnover for the half year already approximately 42% higher than that of
the last full financial year

* Sales of approx. 1m - an increase of over 1,600% on the corresponding
period last year

* New products in development have already secured orders from 3 UK police
forces

* Investment made in sales and marketing teams

* New significant contracts, either won or pending, expected to impact on
full year performance including 500,000 order from the MOD

John French, Chairman and Chief Executive, commented,

'We have made some significant investment during this period in boosting
Croma's sales and marketing force. This investment should position us well for
a very positive outcome for the full year.

In the first two months of the second half, performance is again improving and
a number of potentially lucrative orders are expected to materialise in time to
impact on the June year end accounts. I am encouraged by the progress
throughout the Group, in each subsidiary, and am actively seeking to acquire
more businesses in our field to boost the performance further still.'

Contacts:

John French, Chairman & Chief Executive

Croma Group Plc, Tel. 07836 722 482

Chris Roberts / Ben Simons

Hansard Communications, Tel. 020 7245 1100

Chairman's Statement

I am pleased to report the financial results of the Group for the six months to
31 December 2004. The improving sales performance during the final quarter of
the year ending June 2004 has continued during the first six months of the
current year. The turnover for the six-month period to 31 December 2004 was
993,594 compared with 61,136 for the same period last year. An increase of
approximately 1,625 %.

As a result of the investment in additional resources the loss before tax and
amortisation of goodwill in the six months to 31 December 2004 is 295,320
compared to 279,353 for the same period last year.

In addition, the holding company costs in the period include a full six months
costs of running as an AIM listed company.

Trading in the first six months of this financial year is already 42% higher
than it was during the last full financial year.

The improved sales performance is primarily a result of the acquisitions of R&D
Design Services Limited and of Shawley Products, the latter now operating as a
division of Croma Defence Systems Limited. Both acquisitions have settled in
well and are making a valuable contribution to the ongoing performance of the
Group.

Croma Defence Systems has continued to complete the design of a number of new
products of its own and has expanded its list of factored products. This is
enabling us to present a broad-based range of products, systems and solutions
to various aspects of the overt, covert surveillance and defence related
market. Three UK Police forces have already placed orders for a number of new
products for trial purposes. Other new products in the course of introduction
include a short-range covert monitoring system for use by surveillance
operatives in the built environment, able to monitor up to eight personnel at a
time. Another new product is a remote sensor, designed for a variety of field
surveillance applications. A number of other new products are expected to be
announced by Croma Defence Systems in the coming weeks. Shawley products are
looking to capitalise on its experience in wireless CCTV. Shaw-Tel is the name
of a new system being introduced by Shawley, which allows the transmission of
digital video images, combined with digital video recordings and which is an
intelligent video reception concept for CCTV surveillance.

R&D Design Services continues to benefit from repeat business from existing
customers whilst at the same time expanding its international distributor
network, thereby strengthening relations with key customers. Agents have been
added in Asia and South Africa to service key markets in these regions. The
success being achieved by R&D is such that a number of significant appointments
have been made during the last few months in terms of marketing and technical
management teams to support the increased level of business and indeed the
increase in activity resulting from additional new enquiries for R&D's
products. This has obviously resulted in the short term in an increase in
overhead, but that is more than justified by the extensive order book and
activities.

As such it is our intention to relocate R&D Design Services to new premises
less than three miles from our current location to facilitate the increase in
activity. It is hoped that the move will be carried out efficiently with little
or no effect on our ability to meet our customers needs and can be completed by
the end of April.

In the first six months we have added additional software and mechanical design
capability with the employment of new engineers at R&D Design Services. The
benefits of this investment will materialise in the second half of the current
financial year. Following the acquisition of Shawley Products in March 2004, we
have now identified cost savings within Croma Defence Systems Limited which
will be implemented in the third quarter of this financial year, with full
benefits in quarter four of this financial , and the new financial year. These
changes include a planned relocation of the development and assembly operations
of Croma Defence Systems products from Hereford to the Risca, Newport, the
plant of Shawley products. The benefits of this will be seen going forward, and
will include lower labour costs and a reduction in other operating costs that
relate to premises and establishment. A small unit at Hereford will still be
retained as Group Headquarters.

Outlook

Prospects going forward are encouraging and justify all the changes that are
now being introduced with the distinct change in emphasis from product
development to sales and marketing as is beginning to be reflected. The second
half should see a continuation of the improvement in trading. We hope to see
the benefits of a number of outstanding potential orders impacting in the
coming months as well as the benefits from our new products being sold.

Croma is breaking into new customers and new markets on a regular basis with
its innovative products. Of course, the nature of our industry is that some
major contracts have a significant lead time from the point of receiving an
order to actual delivery, when it can be taken into sales revenue. We have
recently secured a number of such contracts which will benefit the ongoing
performance partly in the current year and partly in the new financial year. In
respect of new business, R&D recently entered into a contract with a major UK
defence electronics firm for the supply of 50 video monitors to the MoD. The
total contract value is over 500,000 and is scheduled to be completed during
2005 with most, if not all of the work impacting, on the second half of the
current financial year. A number of other long-term contracts have been
concluded which will impact on following years. Having said that, products from
Croma Defence Systems do not all fall in this category and with some of the new
products having shorter lead times we expect to see improvement in the sales
performance on a short term basis.

The ongoing policy of the Group is to continue to seek compatible acquisitions
to consolidate the sector. As such we are actively exploring a number of such
opportunities at this moment in time.

John French

Chairman

1 March 2005


;o)

Mail CROMA GROUP (contract hopes)

Lets hope this is the start of some positive news to see this share rally

Had this share some time now, it always seems to Nearly deliver and then fades again. I thought after todays results this would move but not alot of trades gone through. Oh protected trade for 54k at 11.15

Croma Group PLC
16 May 2005


FOR IMMEDIATE RELEASE
16 MAY 2005


CROMA GROUP PLC
('Croma' or 'the Group')

THREE NEW PRODUCTS LAUNCHED TO MARKET
AND
CURRENT PORTFOLIO UPDATE


Crime exists in almost every urban centre, the threat of global terrorism is
constant and air travel itself is not without risk. These factors have prompted
the growth of an intelligent and responsive security industry and the provision
of innovative overt and covert security solutions.

The Board of Croma, the specialists in the design, development and production of
overt and covert surveillance and defence related products, today updates
shareholders on the launch of three new innovative surveillance products and
provides an overview of the Group's entire solutions portfolio.

NEW SOLUTIONS

Developed by Croma-Shawley, the Group's CCTV arm, 'i-vision', 'Remotivision' and
the 'King IPT 765 Integrated Head' were conceived in response to the increasing
security issues that face us today. Today, the Board will be unveiling i-vision,
Remotivision and the King IPT 765 at Ifsec, the leading global security annual
international exhibition and conference, to an anticipated 25,000 visitors.

The new wireless i-vision CCTV system enables surveillance of temporary or
permanent troublespots by police, local authorities, utilities and transport
operators. A scaleable security solution, i-vision was developed with
flexibility in mind and has the ability to add third party protocols when
required. i-vision allows for the simultaneous display, recording and playback
of multiple cameras. Multi level camera patrols and sequences can also be
defined and implemented, and its built-in search tool aids the easy location of
recorded footage, as well as featuring a footage gallery to keep selected
recorded footage.

Remotivision, a stand-alone wireless CCTV system for remote or temporary
locations, is suited to the surveillance of remote utilities such as reservoirs
and large government installations. Remotivision needs no main power supply as
power is supplied from an integral battery maintained by the units own wind and
solar charging devices. The unit can be programmed to alert the client via the
mobile phone network of any movement in the area it is monitoring, and images
can be viewed and the unit may be operated via PC from any location.

The King IPT 765 is the first integrated camera mount to feature a power supply
in the head itself, making installation a simple 'plug & play' operation. The
unit, which may be top-mounted, or inverted, has a 180 degree unobstructed tilt
and continuous rotation to offer 0.1-100 degrees per second pan & tilt speeds.
The unit, which also offers a sun visor and wiper facility option for use in the
harshest of environments, combines performance, aesthetics and quality.

CURRENT PORTFOLIO OF SOLUTIONS

As both governments and private bodies bear responsibility for the protection of
individuals and the community as a whole, safety and security is increasingly
taking a high priority. Croma continues to provide innovative and quality
solutions to meet this escalating demand with their existing surveillance &
counter surveillance products, systems and services. The Group's current product
portfolio includes:

Thermal Reduction Clothing: Camouflage suits that offer the wearer
protection against ultra-violet and visual (such as binoculars, weapon
sights, near infrared and far infrared);
Long Range Surveillance Lenses: A simple to use observation lens capable
of reading a car numberplate at 3km;
Zeus Tactical Light: The Zeus is re-usable, rugged and robust, designed
for FIBUA (fighting in built up areas) and OIBUA (operations in built up
areas);
Skorpion Ground Senses: A laser trip wire system with a range of up to
500m that penetrates through rain, fog, mist and snow;
Assault Ladders: Strong, reliable, portable rapid deployment ladders,
ideal for tactical response vehicles;
RF Enclosures: Easily deployable RF shielding enclosures such as one man
tents;
Body Armour: Offers automatic inflation in water, in addition to
conventional ballistic protection;
Laser Marksman Training Systems: An effective training device that
simulates the live firing of a soldier's individual weapon;
Computer Surveillance: Hardware based system which monitors all key
depressions on keyboard of the target computers;
Low Light Cameras: Offers high resolution and ultra low-light
sensitivity, usually provided by an image intensifying camera, but is
significantly lower in cost;
Rapid Deployment Kit: A compact, self-contained surveillance system with
a wide range of applications;
R&D Design Services: Video enhancement technology to provide dramatic
improvement to low contrast or poor quality video from IR or colour
camera sources - technology of which is installed on helicopters, fixed
wing aircrafts and submarines.

John French, Chairman and Chief Executive stated: 'We are delighted to be
launching i - vision, Remotivision, and the King IPT 765 Integrated Head. This
new product development activity is one of the benefits of the acquisition by
Croma and these innovative solutions further complement our existing portfolio
to better meet the sophisticated demands of the surveillance, security and
defence markets.'


--ENDS--

Enquiries:

Croma Group plc
John French, Chairman & Chief Executive Mobile: 07836 722 482

Bishopsgate Communications Ltd. Tel: 020 7430 1600
Maxine Barnes Mobile: 07860 489 571
Dominic Barretto Mobile: 07930 450 156

Notes to Editors:

Listed on the Alternative Investment Market of The London Stock Exchange, Croma
Group plc, the specialists in the design, development, production and marketing
of overt and covert surveillance and defence related products, comprises of
three divisions; namely Croma Defence Systems Ltd, Shawley (a division of Croma
Defence) and R&D Design Services Ltd.

Photographs are available via Bishopsgate Communications Ltd.


This information is provided by RNS
The company news service from the London Stock Exchange