NCC Group Projects Strong Financial Performance

NCC Group plc (GB:NCC) has released an update.

NCC Group plc, a key player in the global cyber security and resilience sector, anticipates its Adjusted Operating Profit to surpass consensus expectations at approximately £31m, despite a slight decline in year-on-year Group like-for-like revenues. The company has seen growth in Cyber Security revenues in the second half of FY24 and ongoing expansion in Managed Services by about 36%, highlighting its successful strategic focus. With improved gross profit margins and a reduction in net debt, NCC Group projects a confident financial outlook as it prepares to announce unaudited results on August 1, 2024.

For further insights into GB:NCC stock, check out TipRanks’ Stock Analysis page.