ATG Access records a record year for profit and revenue

Best Brothers Group of Companies - Automatic doors specialist > ATG Access > ATG Access records a record year for profit and revenue


ATG Access has reported a record-breaking year for turnover and profitability. In the last financial year (2017/18), turnover has increased by 12%, taking it from £15.6 million to £17.5 million. Profit before tax (EBITDA) has nearly doubled, increasing from £805,000 in 16/17 to £1.546 million in 17/18, due to the company’s continued expansion both in the UK and across the world.

ATG has experienced an increase in demand for its high security products and services, due to the rise in vehicle-borne terror attacks and global terror threat levels remaining high. A further contributing factor to the business’ success has been the launch of its Surface Guard road block system into the temporary event security market. The barrier is capable of withstanding the force of a 7,200kg vehicle travelling at 32kph – allowing for hostile vehicle attacks to be mitigated – in order to protect crowded places.

In the UK, Surface Guard has recently been deployed to protect the Blackpool Illuminations switch-on. The product was also selected to secure the NFL opening ceremony in London and the subsequent season games at Wembley stadium. Hyde Park corner also installed the kit during the annual Proms in the Park event.

Moreover, global interest in ATG’s products has grown significantly. The business now supplies its security solutions to 42 countries including Australia and Singapore. ATG products recently secured one of Australia’s more prestigious urban parks, Sydney’s popular Centennial Park, to ensure visitor safety and also Singapore’s Orchard Road Boulevard area. Surface Guard products have also been shipped to America, Japan, Germany, Sweden, Poland and Norway to support launch events.

Over the last quarter, ATG Access has hosted seven international events including the Security China show in Beijing, Security Essen in Germany, the SEECAT show in Japan and a private security seminar hosted at the British Embassy in Warsaw, Poland.

“Over the last couple of years, it’s become clear that there is a growing need to improve critical national asset security, in response to the growing threat of vehicle ramming attacks witnessed across the world,” said Gavin Hepburn, managing director at ATG Access. “We’ve therefore worked hard to design and manufacture innovative and state-of-the-art perimeter security solutions that can be tailored to various security requirements. It’s fantastic that authorities and security personnel from across the world are turning to us for security expertise and solutions to help keep people safe and these latest figures are testament to that success.”

“We are extremely proud of this fantastic financial performance, and the next financial year looks set to be even better,” added Stephen Purkis, finance director at ATG Access. “We have already delivered £1.75 million EBITDA after five months and we expect to deliver £3 million EBITDA by the end of the next financial year, with a turnover of over £22 million. With a very strong order book already spanning the globe, we are likely to have another record-breaking year.”


Source link

© 2018, Best Brothers Group. All rights reserved.