WASHINGTON: Global identity data intelligence specialist GB Group reports a strong trading performance for the six months to 30 September with revenue up 39% at £32.4m.
Both segments of the group – Identity Proofing and Identity Solutions – contributed to revenue growth. Adjusted operating profits increased by 21% to £4.5m and adjusted basic earnings per share rose to 3.4p (2014: 3.3p). After-tax profits of £2.3m were 32% up on last time.
Chief executive Richard Law said: “The group continues to perform well and this reflects our focus on delivering the group’s ‘vision, objectives and strategies’. As we build upon our market-leading position and the strong differentiation we have against our competitors, I expect this progressive trend of profitable growth to continue.”