Gattaca (GB:GATC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gattaca PLC has reported a resilient performance for the fiscal year ended July 31, 2024, with Net Fee Income (NFI) slightly down by 5% year-on-year to £40 million but in line with market expectations. The company saw a 3% increase in contract NFI, driven by growth in contractor numbers, and anticipates paying a full year dividend of 2.5p per share. Despite the decrease in permanent NFI and exiting U.S. operations, CEO Matthew Wragg expressed satisfaction with the company’s market share growth and is optimistic about Gattaca’s positioning for future investments and growth.
For further insights into GB:GATC stock, check out TipRanks’ Stock Analysis page.
