Sebastian Morley, chairman of Croma Security Solutions PLC (LON:CSSG) says its manned guarding business has been hardly affected by the coronavirus outbreak.
The group announced a £5mln contract renewal this morning and Morley said clients need their premises guarded irrespective of the impact of the virus.
The retail side, locks and security systems, has been affected, but Morley says around 80% of its turnover is ‘entirely protected'.
Part of that is fortuitous, he adds, but a lot is also down to good planning ahead of the pandemic.