Unsurprisingly, this month has seen very few important industry announcements as the holiday season starts to kick in. However when we start to sieve through the considerable flow of data there is still valuable information to uncover. Public quoted security companies across the globe have this month announced their 2nd quarter results and with few exceptions these have shown growth in revenues and profitability with many forecasting continued momentum in the 2nd half of the year based on strong order books. The major global security companies such as Honeywell, Ingersoll Rand, Siemens, Tyco and UTC Fire & Security have experienced growth right across the different sectors and geographic regions in the last 2 quarters and are all bullish about the future. Since these announcements were made at the beginning of July stock markets have been volatile because of some unfavourable economic data, but despite this, security manufacturers will significantly improve on their 2009 performance and […]