{"id":2141119,"date":"2025-07-08T07:41:58","date_gmt":"2025-07-08T06:41:58","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2141119"},"modified":"2025-07-08T07:41:58","modified_gmt":"2025-07-08T06:41:58","slug":"revenue-soars-at-security-and-surveillance-firm","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2141119-revenue-soars-at-security-and-surveillance-firm","title":{"rendered":"Revenue soars at Security and surveillance firm"},"content":{"rendered":"<p>Security and surveillance technology company, Synectics, has reported a bumper set of half year results on the back of UK and international contract wins.<\/p>\n<p>In the six months to May 31, revenue at the company increased by 35% to \u00a335.5m while adjusted EBITDA was up 48% at \u00a34.2m.<\/p>\n<p>Synectics secured several major contracts over the period including \u00a32m with West Midlands Police, US$2.2m with a high-profile gaming resort in South-East Asia as well as US$4.8 million contract extension and gained two customers in the Philippines, further expanding Synergy Software deployment in the region.<\/p>\n<p>The company said it had a solid order book for delivery across the remainder of FY 2025 and into FY 2026, and trading remain comfortably in line with market expectations.<\/p>\n<p>It also announced the appointment of Paul Williams as Chief Financial Officer, effective from next month.<\/p>\n<p>Amanda Larnder, CEO, said: \u201cSynectics has delivered strong financial results for the first half, underpinned by the planned delivery of a major customer contract which contributed to meaningful growth in both revenue and profit.<\/p>\n<p>\u201cWe are seeing encouraging early progress of our refreshed strategy, including building activity in our core sectors, strengthening our partner network, and continuing to invest in technology capability to support long-term growth.<\/p>\n<p>\u201cWith a solid order book, a strong cash position and a clear focus, we are well placed to deliver on our longer-term priorities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Synectics, has reported a bumper set of half year results on the back of UK and international contract wins<\/p>\n","protected":false},"author":271992,"featured_media":2138481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53262],"coauthors":[137100],"class_list":["post-2141119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-featured-story","tag-yorkshire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revenue soars at Security and surveillance firm | TheBusinessDesk.com<\/title>\n<meta name=\"description\" content=\"Synectics, has reported a bumper set of half year results on the back of UK and international 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