7th Apr 2015 06:45
LONDON (Alliance News) - Identity data company GB Group PLC on Tuesday said it expects to beat market expectations for its financial year to the end of March on the back of strong organic and acquisition-driven growth.
GB said it expects its adjusted operating profit for the year to be GBP10.2 million, up around 46% from the GBP7.2 million posted a year earlier and ahead of market consensus. According to Morningstar, the consensus forecast for pretax profit for the company is GBP9.5 million.
"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," said GB Chief Executive Richard Law.
By Sam Unsted; [email protected]; @SamUAtAlliance
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