26th Jul 2021 13:39
GlobalData PLC - London-based data analytics and consulting company - Pretax profit hits GBP16.0 million in the six months that ended June 30, up 72% from GBP9.3 million a year prior. Revenue grew 5.1% year-on-year to GBP91.1 million from GBP86.7 million. Notes that operating expenses dropped by 2.8% in the first half to GBP72.5 million from GBP74.6 million, while losses on trade receivables fell 25% to GBP900,000 from GBP1.2 million. Raises interim dividend by 13% to 6.1 pence per share from 5.4p in 2020.
Chief Executive Mike Danson said: "Our One Platform operating model gives us significant scalability to accelerate both organic and inorganic growth opportunities. We are confident about the outlook and growth prospects of the group for the second half and beyond."
Current stock price: 1,670.00p, up 1.2% on Monday afternoon
Year-to-date change: up 22%
By Scarlett Butler; [email protected]
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