Petards Group swung back to an operating profit in the first half as higher-margin Rail and Defence work drove earnings sharply higher and the order book grew to £9.6 million.

Petards Joyce-Loebl secures equipment, engineering and SaaS work that adds to the Group's order book into 2027.

The AIM-listed security and surveillance systems developer expects full-year 2026 results ahead of current market expectations, citing improved margins and a growing order book.

Petards Group has won contracts across both its rail and defence divisions, extending delivery commitments into 2027.

QRO Solutions has been named preferred supplier on a four-year ANPR framework with Northumbria Police that also permits Durham and Cleveland forces to buy QRO systems, with the ANPR Lot estimated at £650,000 and described by QRO as a floor.

For the year to 31 December 2025 Petards lifted revenue to £14.9m, boosted adjusted EBITDA to £1,002,000 and cut its loss after tax to £406,000, while closing the year with a £9.2m order book.