GB Group PLC Pre-Close Trading Statement (3744J)
07 April 2015 - 4:01PM
UK Regulatory
TIDMGBG
RNS Number : 3744J
GB Group PLC
07 April 2015
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
GBP10.5 million (2014: GBP7.2 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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