Petards supplies advanced security and surveillance systems to the Rail, Defence and Traffic Technology markets. This morning, the group has released in-line results for the year ended 31 December 2022, which illustrate a robust performance against challenging market conditions in its rail business. Order intake in the rail business was negatively affected by the ongoing transition of the UK railways to a new operating model, contributing to a 20% YoY decrease in revenues to £10.9m (FY21: £13.6m ....
