TDSi announces growth despite challenges

Posted On 28 May 2013
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TDSi has announced its mid-year financial results, with sales nearly 10 per cent ahead of its expected target. The access control manufacturer revealed a lead over projected figures of 9.7 per cent for the first half of the financial year 2012/2013. Managing Director, John Davies, stated, ‘Our performance as a business in the first half of 2012/13 bares testament to the hard work we’ve all contributed in making TDSi stronger” building up our product portfolio, increasing marketing activities and developing new sales channels. This performance was delivered in the face of some unexpected challenges, such as Norbain’s pre-pack.’ Earlier this year, distribution company Norbain was acquired by Newbury Holdings via a pre-pack administration agreement which proved to be deeply unpopular in the electronic services sector. Davies added that it was the manufacturer’s aim to build upon the positive figures to deliver a solid financial year end. He concluded, ‘We are determined to continue in the same vein for the second half of the year. We are continuing to see increased volume from our access control portfolio both at home in the UK and overseas.’

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.