If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGb Group Regulatory News (GBG)

Share Price Information for Gb Group (GBG)

Share Price is delayed by 15 minutes
Get Live Data
218.50    1.50 (0.69%)
Bid:
218.00
Ask:
219.00
Spread: 1.00 (0.459%)
Market Cap: £501.07m
GBG Live PriceLast checked at - London Stock Exchange

Intraday Gb Group Share Chart

Pre-Close Trading Statement

19 Apr 2017 07:00

RNS Number : 6411C
GB Group PLC
19 April 2017
 

 

 

 

Embargoed until 7.00 a.m.

 

 

19 April 2017

 

 

 

GB GROUP PLC

("GBG" or the "Company")

 

Pre-Close Trading Statement

 

GBG, the identity data intelligence specialist, today provides an update on its trading performance for the year to 31 March 2017, in advance of the release of its final results.

 

Group Trading Performance

The Board expects to report an adjusted operating profit performance of £17.0 million (2016: £13.4 million), a 27% increase on last year and ahead of market consensus. Revenue growth is expected to be 19% of which 12% is organic* - an improvement on the 11% organic* growth recorded at the half year stage.

 

Net cash balances at 31 March 2017 (following the settlement of earn outs on prior acquisitions and the payment of a dividend to shareholders) were £5.2 million (2016: £8.7 million).

 

Chris Clark CEO of GBG, commented:  "I would like to congratulate and thank the team at GBG, our customers and partners for helping us achieve this result. I look forward with confidence to the new year; working with our great team and customers to continue to deliver sustainable growth and shareholder value creation."

 

The Group's detailed full year results will be announced on 6 June 2017.

 

† Adjusted operating profit means profits before amortisation of acquired intangibles, share based payment charges, exceptional items, net finance costs and tax

 

* After adjusting for revenue in the year ending 31 March 2016 relating to the recovery of start-up costs from the Gov.uk/verify service

 

- Ends -

 

For further information, please contact:

 

GBG

Chris Clark, CEO

Dave Wilson, Group Finance Director & Operations Director

 

01244 657333

Peel Hunt LLP (Nominated Adviser and Broker)

Richard Kauffer

 

020 7418 8900

Newgate

Bob Huxford

Ed Treadwell

 

020 7653 9850

 

 

Website

www.gbgplc.com

 

 

 

 

 

About GBG

GBG is a global specialist in Identity Data Intelligence. We help organisations make decisions about the customers they serve and the people they employ.

 

Through our fundamental belief that the digital economy relies on everyone having access to data they can trust, GBG enables companies and governments to fight fraud and cybercrime, to improve the customer experience and help to protect the more vulnerable people in our society.

 

Headquartered in Chester (UK) and with 24 locations in 15 countries, GBG provides solutions to many of the world's biggest organisations, from established brands like HSBC and Ford to disruptive newcomers such as Xpress Money and Stripe.

 

Find out more about how we use identity intelligently by visiting www.gbgplc.com, following us on Twitter @gbgplc and reading our blog: www.gbgplc.com/uk/blog 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTEASLPFSDXEFF
Date   Source Headline
22nd Sep 20154:49 pmRNSHolding(s) in Company
7th Aug 20152:56 pmRNSHolding(s) in Company
31st Jul 201511:34 amRNSTotal Voting Rights & Share Capital
29th Jul 20155:20 pmRNSRESULT OF ANNUAL GENERAL MEETING
29th Jul 20157:00 amRNSAGM Statement
17th Jul 20157:00 amRNSBlocklisting Interim Review
30th Jun 20154:01 pmRNSTotal Voting Rights
26th Jun 20153:40 pmRNSNotification of Director's Interest
16th Jun 20155:03 pmRNSHolding(s) in Company
5th Jun 20154:32 pmRNSNotification of Director's Interest
2nd Jun 20153:46 pmRNSDirector/PDMR Shareholding
1st Jun 20157:00 amRNSFinal Results
6th May 20151:16 pmRNSNotice of Results
29th Apr 20151:23 pmRNSHolding(s) in Company
27th Apr 20157:00 amRNSAcquisition of Loqate Inc.
24th Apr 20157:00 amRNSTrading Update
22nd Apr 20153:53 pmRNSForm 8.3 - Royal Dutch Shell Plc - Replacement
7th Apr 20157:00 amRNSPre-Close Trading Statement
1st Apr 20154:06 pmRNSTotal Voting Rights
6th Mar 201510:06 amRNSApplication for Blocklisting
27th Feb 20152:05 pmRNSHolding(s) in Company
27th Feb 20151:15 pmRNSTOTAL VOTING RIGHTS AND SHARE CAPITAL
30th Jan 201510:55 amRNSTotal Voting Rights
19th Jan 20154:25 pmRNSHolding(s) in Company
19th Jan 20157:00 amRNSBlocklisting Interim Review
12th Jan 201510:46 amRNSHolding(s) in Company
31st Dec 201410:00 amRNSTotal Voting Rights
30th Dec 20142:36 pmRNSNotification of Director's Interest
12th Dec 201412:00 pmRNSDirector/PDMR Shareholding
28th Nov 20144:00 pmRNSDirector/PDMR Shareholding
28th Nov 201412:10 pmRNSDirector/PDMR Shareholding
24th Nov 20143:00 pmRNSDirector/PDMR Shareholding
24th Nov 20147:00 amRNSHalf Yearly Report
3rd Nov 20147:00 amRNSCompletion of the Acquisition of CDMS Limited
20th Oct 20147:00 amRNSTrading Update
13th Oct 20149:30 amRNSAcquisition of CDMS Limited
30th Sep 20143:45 pmRNSTotal Voting Rights
22nd Sep 201410:45 amRNSChange of Registered Office
19th Sep 20142:47 pmRNSHolding(s) in Company
5th Sep 20144:15 pmRNSNotification of Directors' Interests
29th Aug 20141:22 pmRNSTotal Voting Rights
12th Aug 20142:45 pmRNSResult of AGM
12th Aug 20147:00 amRNSAGM Statement
31st Jul 20147:00 amRNSTotal Voting Rights And Share Capital
16th Jul 20147:00 amRNSBlocklisting Interim Review
2nd Jul 20147:00 amRNSFinal Results
17th Jun 20142:05 pmRNSNotice of Results
30th May 20147:00 amRNSTotal Voting Rights
2nd May 20144:01 pmRNSDirector/PDMR Shareholding
30th Apr 20145:50 pmRNSTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.