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Share News for Ncc (NCC)


Share Price: 115.25Bid: 115.75Ask: 116.50Change: -2.75 (-2.33%)Faller - Ncc Grp
Spread: 0.75Spread as %: 0.65%Open: 117.25High: 117.00Low: 114.75Yesterday’s Close: 118.00




NCC Group FY adj pretax up 23 pct; final div 3.25 p/shr, total div up 36 pct

Tue, 3rd Jul 2007 08:40

LONDON (Thomson Financial) - NCC Group PLC reported a 23 pct increase in full-year adjusted pr
etax profit due to good organic growth across all divisions.

The provider of IT assurance, security and consultancy services posted an adjusted pretax profit of 8.1 mln stg for the year to end-May, fup rom 6.6 mln stg previously while revenue rose to 25.40 mln stg from 20.74 mln.

Its pretax profit came in at 7.78 mln stg from 6.55 mln. Dresdner Kleinwort had forecast pretax profit 8.1 mln.

The company also declared a final dividend of 3.25 pence per share, taking the full-year dividend to 4.75 pence, up 36 pct.

Looking ahead, NCC said it expects improved order books in Escrow Solutions renewals and Assurance Testing businesses.

TFN.newsdesk@thomson.com

kkb/lam

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