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Share Price: 139.60
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NCC Group Reports Resilient Trading As Interim Revenue Set To Grow

Wed, 02nd Dec 2020 09:36

(Alliance News) - NCC Group PLC on Wednesday said that its revenue for the first six months of its financial year is expected to be slightly ahead compared to the same period the year before due to resilient trading.

For the six months ended November 30, 2019, revenue was GBP132.7 million.

The UK-based cyber and software resilience company said that as a result of this, it now believes its adjusted earnings before interest, tax, depreciation and amortisation for the full year to be around the upper end of market expectations. However, NCC Group said "the ongoing challenges of the pandemic mean that there is still a range of possible outcomes for the full financial year."

"We are proud to have continued delivering exceptional work for our clients despite the logistical challenges of Covid-19 restrictions. We continue to be excited about the future growth potential of the cyber services market and the opportunity for NCC Group to play a full part in keeping our customers safe and secure," said Chief Executive Adam Palser.

NCC Group said it will report its interim results for the six months to November 30 on February 4, 2021.

Shares in NCC Group were up 6.3% at 215.78 pence in London on Wednesday.

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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