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Soaring profits and revenue for identity data specialist

Date added: 08/06/2016







LISTED identity data specialist GB Group has seen revenue jump 28% to £73.4m in the year to March 31 (2015: £57.3m). The Chester company also enjoyed a hike in pre-tax profits by 57% (after exceptional costs) to £9.3m (2015: £5.9m). There was aslo 34% increase in adjusted basic earnings per share to 10.6p (2015: 7.9p). The group had a solid balance sheet and strong cash generation, resulting in cash balances at 31 March of £12.4m (2015: £15.8m), following payments of £14.5m during the year...

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