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NCC Group PLC - Manchester-headquartered cyber security advisor - Posts 9.6% lower pretax profit of GBP16.1 million for its financial year ended May 31 compared to the previous year's GBP17.8 million profit. Although revenue is higher at GBP263.7 million versus GBP250.7 million the year before, depreciation and amortisation rises to GBP24.9 million from GBP19.0 million and net finance costs increase to GBP3.0 million from GBP1.7 million. NCC Maintains its final dividend at 3.15 pence per share.
"The investment and progress we have made through our Securing Growth Together transformation programme underpinned our recent resilience and the group is well placed to thrive when the economy recovers," says Chief Executive Adam Palser.
Current stock price: 186.00p
Year-to-date change: down 18%
By Anna Farley; annafarley@alliancenews.com
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