Last checked at 7 Apr 2015 07:00
7 April 2015 |
GB GROUP PLC
("GBGroup", "GBG", the "Group" or the "Company")
Pre-Close Trading Statement
GB Group, the identity data intelligence specialist, provides the following trading update for the year to 31 March 2015 in advance of the release of its annual results.
Group Trading Performance
The Board is pleased to report that the Group has achieved a strong set of results ahead of market consensus, delivered through solid growth both organically and from our acquired businesses. The Group expects to show an adjusted operating profit† of not less than £10.5 million (2014: £7.2 million) representing a year on year increase of approximately 46%.
GB Group intends to provide a more detailed trading update on its results during the week commencing 20 April 2015 ahead of its annual results announcement which is expected to be issued during the week commencing 1 June 2015.
Commenting on the results, Richard Law the Group CEO said:
"I am extremely pleased with these results. They are a credit to the hard work and dedication of the whole GBG team who are working to a clear vision for GBG to be the leader in Identity Data Intelligence - informing business decisions between people and organisations globally."
†: adjusted operating profit means profits before amortisation of acquired intangibles, share based payment charges, exceptional items, share of results from associates, net finance costs and tax.
- Ends -
For further information, please contact:
GB Group plc Richard Law, Chief Executive Dave Wilson, Group Finance and Operations Director
| 01244 657333 |
Peel Hunt LLP (Nominated Adviser and Broker) Richard Kauffer Edward Fox
| 020 7418 8900 |
Newgate Threadneedle Tim Thompson Adam Lloyd Andrew Jones
| 020 7653 9850 |
Website | www.gbgplc.com |
About GBGroup
The most profitable and successful organisations recognise the value of understanding the individual identity of their customers and employees. GBG combines this concept of identity with technology to create an environment of trust, so that organisations can employ people and connect, communicate and transact with consumers, safely and responsibly.
We call this Identity Intelligence.
GBG's solutions include:
Register & Verify - International software and services for quick and accurate customer registration; and the verification of identities of individuals & businesses remotely.
Cleanse & Engage - Innovative software and services which provide accurate and up-to-date identity information to deliver improved intelligent customer contact strategies.
Employ & Comply - Thorough background checks through online verification and authentication of individuals enabling organisations to safeguard, recruit and engage with confidence.
Trace & Investigate - Leading software and services which provide the most accurate and up-to-date picture of the UK's population, properties and businesses to quickly locate, investigate and contact the right individual, first time.
GB Group is listed on the London Stock Exchange (GBG). For more information, please visit GB Group's website: www.gbgplc.com