NCC Group has reported its half year results for the six months to November 2015. Group revenue increased 50% to £93.5m, ahead of our £88.9m forecast, representing 17% organic growth. Group adjusted PBT of £14.9m is behind our £17.5m forecast however, and leaves plenty to do in H2 to meet our £37.8m forecast for the full year. The Accumuli acquisition has been fully integrated and initial reports from the newly acquired Fox-IT are strong. NCC Group continues to be an attractive way to play the s ....
21 Jan 2016
H1 revenue strong, PBT slightly behind expectation
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
H1 revenue strong, PBT slightly behind expectation
NCC Group plc (NCC:LON) | 122 -1 (-0.7%) | Mkt Cap: 383.7m
- Published:
21 Jan 2016 -
Author:
Oliver Knott -
Pages:
3
NCC Group has reported its half year results for the six months to November 2015. Group revenue increased 50% to £93.5m, ahead of our £88.9m forecast, representing 17% organic growth. Group adjusted PBT of £14.9m is behind our £17.5m forecast however, and leaves plenty to do in H2 to meet our £37.8m forecast for the full year. The Accumuli acquisition has been fully integrated and initial reports from the newly acquired Fox-IT are strong. NCC Group continues to be an attractive way to play the s ....