Last checked at 11 Mar 2009 07:00
11 March 2009
NCC Group plc
Analyst site visit
NCC Group plc, (LSE: NCC, 'the Group') the international, independent provider of Escrow Solutions, Assurance Testing and Consultancy, is today holding a site visit for analysts at its headquarters in Manchester. It has also published today new data on the Group's vertical markets and analysis on its Assurance Division's renewable income.
The visit will include a presentation by senior management, which will provide an overview of the Group's divisions and operations. Other than the data in the appendix, no other material information will be made available.
Overall NCC Group trading continues to be in line with the Board's expectations.
Enquiries:
| NCC Group plc |
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| Rob Cotton, CEO | 0161 209 5200 |
| Paul Edwards, Finance Director |
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| College Hill |
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| Adrian Duffield/ Rozi Morris | 020 7457 2020 |
1. Vertical Markets Data 2008/09
Group revenue split by customer sector
| Sector | % revenue |
| Banks & Insurance | 18 |
| Telecoms | 9 |
| Software & Computer Services | 13 |
| Central Government | 5 |
| Local Government | 8 |
| Education | 3 |
| Housing | 5 |
| Support Services | 5 |
| General Retailers | 12 |
| Healthcare Equipment & Services | 3 |
| Travel & Leisure | 6 |
| Other* | 13 |
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| *No sector in Other accounts for more than 4% | |
2. Top three sectors by division:
| % revenue: | Escrow | Assurance | Consultancy |
| Banks & Insurance | 24% | 17% | - |
| Software & Computer Services | 13% | 17% | - |
| Telecoms | 17% | - | - |
| Retail | - | 24% | - |
| Housing | - | - | 34% |
| Local Govt | - | - | 18% |
| Education | - | - | 10% |
Group revenue split by sector between 2006/7, 2007/8 and H1 2008/09 is in the appendix.
3. Assurance Division renewable income:
| Y/E May | 2006 | 2007 | 2008 | Average |
| Total number of customers | 720 | 887 | 1,024 | - |
| Number of customers renewing testing on prior year | 333 | 424 | 497 | - |
| Renewals by number of customers on prior year | 59% | 59% | 56% | 58% |
| Renewals by value of spend on prior year | 82% | 82% | 79% | 81% |
| Average customer spend on renewal | £12,114 | £14,208 | £17,052 | - |
4. Sector revenue split % - year to 31 May 2007 and 2008 and H1 to 30 November 2008
| Percentage % | Escrow Solutions | Assurance | Consultancy | Group | |||||||||||
| Sector | 06/07 | 07/08 | 08/09 | 06/07 | 07/08 | 08/09 | 06/07 | 07/08 | 08/09 | 06/07 | 07/08 | 08/09 | |||
| (6m) | (6m) | (6m) | (6m) | ||||||||||||
| Banks & Insurance | 24 | 24 | 24 | 20 | 19 | 17 | 2 | 2 | 3 | 19 | 19 | 18 | |||
| Telecoms | 15 | 15 | 17 | 1 | 2 | 2 | 0 | 0 | 2 | 10 | 8 | 9 | |||
| Software & Computer Services | 14 | 13 | 13 | 8 | 13 | 17 | 0 | 3 | 7 | 10 | 11 | 13 | |||
| Central Government | 3 | 3 | 4 | 9 | 4 | 4 | 20 | 4 | 9 | 7 | 3 | 5 | |||
| Local Government | 8 | 8 | 8 | 10 | 5 | 3 | 24 | 28 | 18 | 11 | 10 | 8 | |||
| Education | 2 | 2 | 2 | 7 | 2 | 2 | 6 | 10 | 10 | 3 | 4 | 3 | |||
| Housing | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 25 | 34 | 4 | 4 | 5 | |||
| Support Services | 5 | 5 | 5 | 13 | 9 | 5 | 8 | 12 | 2 | 7 | 7 | 5 | |||
| General Retailers | 5 | 6 | 5 | 10 | 16 | 24 | 1 | 5 | 0 | 5 | 10 | 12 | |||
| Health Care Equipment & Services | 5 | 5 | 5 | 2 | 1 | 2 | 1 | 1 | 3 | 4 | 3 | 3 | |||
| Travel & Leisure | 4 | 4 | 3 | 4 | 12 | 11 | 5 | 2 | 2 | 4 | 7 | 6 | |||
| Other* | 15 | 15 | 15 | 15 | 15 | 13 | 15 | 8 | 9 | 15 | 14 | 13 | |||
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| *No sector in Other accounts for more than 4% | |||||||||||||||