Magal is a leading homeland security technology provider, selling sensors and video products, as well as full turnkey solutions that provide the technological layer of perimeter protection around critical infrastructure. While 2018 was a strong growth year, 2019 so far has been more subdued and the stock has strongly pulled back. Given a recent uptick in bookings and backlog, combined with a resurgence of interest in border protection solutions, there is potential for renewed order growth and increasingly profitable recovery in the latter part of 2019 and beyond.

12 Sep 2019
Magal Security Systems

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Magal Security Systems
Sabien Technology Group plc (SNT:LON) | 7.8 0 0.0% | Mkt Cap: 2.08m
- Published:
12 Sep 2019 -
Author:
Will Manuel -
Pages:
2 -
Magal is a leading homeland security technology provider, selling sensors and video products, as well as full turnkey solutions that provide the technological layer of perimeter protection around critical infrastructure. While 2018 was a strong growth year, 2019 so far has been more subdued and the stock has strongly pulled back. Given a recent uptick in bookings and backlog, combined with a resurgence of interest in border protection solutions, there is potential for renewed order growth and increasingly profitable recovery in the latter part of 2019 and beyond.