PRO delivered a good H1 performance with revenues up 13.7% even after further FX drag. Substantial investment has been made, as previously announced, yet EBITDA still rose 12.4%. Deferred revenue growth was strong again with a 23.5% increase to £20m. The Company also announced the acquisition of some consumer market assets from Informa. This acquisition will help scale the Consumer unit and provide better balance between the two main business Intelligence units, ICT and Consumer. The fit is good ....
27 Jul 2015
Good interims topped with a key acquisition
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Good interims topped with a key acquisition
GlobalData Plc (DATA:LON) | 202 3 0.7% | Mkt Cap: 1,703m
- Published:
27 Jul 2015 -
Author:
Johnathan Barrett -
Pages:
5
PRO delivered a good H1 performance with revenues up 13.7% even after further FX drag. Substantial investment has been made, as previously announced, yet EBITDA still rose 12.4%. Deferred revenue growth was strong again with a 23.5% increase to £20m. The Company also announced the acquisition of some consumer market assets from Informa. This acquisition will help scale the Consumer unit and provide better balance between the two main business Intelligence units, ICT and Consumer. The fit is good ....