Hills Security Business Hits A206 Million
Total earnings also increased 12.6 per cent to $A60,674 million. The standout performer for Hills was the company’s Electronic Security & Entertainment Division, which turned over $206 million in 2005, an increase of more than 21 per cent on the year before. Profit was even better, with an increase of 26.5 per cent taking total revenue for 2005 to just over $A25.5 million. In an official release, Hills chairman, Bob Ling, said product diversification and a stream of new product introductions stood out during the year. “We expect the trend for increased and enhanced security across all sectors, to continue,” said Ling.