GB Group (GBG) reported a strong performance in H122, with organic constant currency revenue growth of 12.6% y-o-y and an adjusted operating margin of 25.5%. The Acuant acquisition completed on 29 November and the group’s immediate focus is on combining the two companies and pushing forward with growth plans. Our forecasts are substantially unchanged.

01 Dec 2021
GB Group - Strong organic growth in H122

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GB Group - Strong organic growth in H122
GB Group PLC (GBG:LON) | 230 -16.1 (-3.0%) | Mkt Cap: 571.3m
- Published:
01 Dec 2021 -
Author:
Katherine Thompson -
Pages:
7 -
GB Group (GBG) reported a strong performance in H122, with organic constant currency revenue growth of 12.6% y-o-y and an adjusted operating margin of 25.5%. The Acuant acquisition completed on 29 November and the group’s immediate focus is on combining the two companies and pushing forward with growth plans. Our forecasts are substantially unchanged.