17th Oct 2013 08:55
LONDON (Alliance News) - Identity intelligence specialist GB Group PLC said that it has achieved a strong set of results in the first half of the year, boosted by growth from both its organic activities and acquired businesses.
The Chester-based company said that it expects to report more than a 50% increase in its adjusted operation profit, of no less than GBP2.3 million, for the six months to September 30. It reported an adjusted operating profit of GBP1.5 million a year earlier.
GB Group said it expects to release its interim results during the week commencing November 25.
"The Group continues to invest in its capabilities, strengthening and broadening its position in an attractive and developing market. We enter the second half with confidence and momentum," said Chief Executive Officer Richard Law in a statement.
GB Group shares were up 1.0% Thursday morning, trading at 134.10 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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