Security firm profits rise 'solid base' for merger

Security group Securicor today said it was well placed for its merger with Danish rival Group 4 Falck after posting a 20% increase in profits.

Securicor said pre-tax profits before one-off items and goodwill in the six months to March 31 were £39m (€58.5m) against £32.4m (€48.6m) last time.