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Petards Group PLC - Guildford, England-based developer of security and surveillance systems - Swings to pretax profit of £502,000 in 2021 from loss of £1.2 million in 2020, as revenue increases 4.6% to £13.6 million from £13.0 million. Says trading since December has been slightly ahead of management expectations, but this currently is thought to be the result of the timing of orders rather than a better performance. Deliveries of £8 million already secured for 2022, confident of further progress.
Current stock price: 13.40 pence, up 19% on Thursday
12-month change: up 14%
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