NCC Group has released a good trading update for the first four months of the year. Both of the core Escrow and Assurance divisions have started the year well and we make no changes to our full year expectations at this time. Net debt has increased to £65.3m (Sept’14: £37.1m) post the Accumuli and Open Registry acquisitions but we expect this to fall throughout the remainder of the year. Integration of the Accumuli acquisition is largely complete with benefits starting to come though. After a st ....
