Petards, a manufacturer and developer of security, communications and surveillance solutions, has announced in-line FY24 results this morning, reporting a material improvement in trading in H1 FY25 following the challenging conditions seen in the prior year. Revenues in FY24 were ahead of FY23 at £12.0m (FY23: £9.0m), primarily driven by a 6½ month contribution from Affini Technologies, acquired partway through the year, despite activity in Petard’s rail and defence divisions remaining depressed ....