GlobalData has reported EBITDA of £12.0m in line with our expectation for 2015, rounding out another good year of development. The group’s step change in maturity leads to a maiden dividend 5x our estimate. More importantly the business made major strategic progress; Health has been added as a third major vertical and smaller sector units lacking critical mass have been sold. This leaves a focused business intelligence group targeting a combined US$10bn information market through three sectors. ....
01 Mar 2016
Step change in earnings quality and visibility
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Step change in earnings quality and visibility
GlobalData Plc (DATA:LON) | 182 0 0.0% | Mkt Cap: 1,538m
- Published:
01 Mar 2016 -
Author:
Johnathan Barrett -
Pages:
13
GlobalData has reported EBITDA of £12.0m in line with our expectation for 2015, rounding out another good year of development. The group’s step change in maturity leads to a maiden dividend 5x our estimate. More importantly the business made major strategic progress; Health has been added as a third major vertical and smaller sector units lacking critical mass have been sold. This leaves a focused business intelligence group targeting a combined US$10bn information market through three sectors. ....