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GBG Gb Group Plc

341.20
-7.60 (-2.18%)
Last Updated: 09:30:06
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Gb Group Plc GBG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-7.60 -2.18% 341.20 09:30:06
Open Price Low Price High Price Close Price Previous Close
340.00 339.40 343.00 348.80
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Gb GBG Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
11/06/2024FinalGBP0.04220/06/202421/06/202402/08/2024
15/06/2023FinalGBP0.0422/06/202323/06/202303/08/2023
16/06/2022FinalGBP0.038123/06/202224/06/202203/08/2022
15/06/2021FinalGBP0.03424/06/202125/06/202103/08/2021
22/10/2020InterimGBP0.0317/12/202018/12/202021/01/2021

Top Dividend Posts

Top Posts
Posted at 27/11/2024 09:09 by seanyboy
Looks like gbg is serious about re-entering the 4 pound plus club again! That would be refreshing but I fear they will need to come up with some new deals and partnerships to stay there!
Posted at 20/11/2024 08:49 by seanyboy
Well hopefully we will revisit ur 9 pounds but its not just about gbg we need something to ignite the UK stockmarket and economy alas no signs of that happening any time soon better ties with europe would be a good start and a windfall from Trump would not do any harm
Posted at 19/11/2024 14:04 by marktime1231
Let's be clear that 4.5% revenue growth and outlook for the same is not much growth considering the inflation backdrop. You can get that return on zero risk gilts.

What GBG actually has to do is deliver real growth of the +20% order as it was supposed to do when embarking on its disastrous acquisition. We paid a price which believed that performance was on the way.

Things haven't got any worse though, debt reduction in progress and golly reporting a profit. A firmer share price is welcome. But this owes me £7, what chance hanging on here or better to try elsewhere?
Posted at 19/11/2024 08:42 by seanyboy
So recent reporting from gbg has been at the least satisfactory and the volatility uncertainty seems to have subsided If they can avoid anymore disasters and general market conditions remain stable then we should see a steady rise from here
Posted at 30/10/2024 19:35 by cu5hty
Quite a few Russell Index stocks (of which GBG is a constituent) had really good afternoons coinciding with the Budget. No idea why. On that basis I very much doubt we'll see any other market driven news.
Posted at 30/10/2024 14:13 by cu5hty
Good point, business has been holding its collective breath worrying about the more esoteric tax changes surrounding IHT etc.Odd that GBG is being affected whilst many other stocks are not.
Posted at 17/10/2024 13:41 by seanyboy
I dig your last sentence but the ace in the hole here for investors is the real possibility of a takeover as gbg begins to find it's feet again
Posted at 17/10/2024 12:20 by marktime1231
Hang on. 4-5% topline revenue growth in an environment where service sector inflation has been 4-5% is not real growth. The comfort here is that underlying profit is improving from eradicating cost, and progress in cutting net debt although at lower pace than used to excite us.

This share price rebound is relief at a no-bad-news report, driven down in to the 200s on unfounded fears.

Nevertheless we are trading at about half what we all thought GBG was worth before embarking on a disastrously expensive acquisition. And massively below a rejected cash offer two years ago. GBG is still a recovering dog with a long rehab ahead.
Posted at 23/7/2024 06:14 by hotfinance14
2024 AGM Statement



GB Group plc, (AIM: GBG), the leading experts in global identity and location software, will hold its Annual General Meeting ("AGM") today at 09:30 am BST at its offices in London.

Ahead of the formal business of the AGM, Richard Longdon, Non-Executive Chair, will make the following statement:



"As reported in our full-year results announcement on 11 June 2024, FY24 was a year of strong strategic progress and improving operational efficiency for GBG.

Group revenue of £277.3 million was driven by accelerated growth in Identity during the fourth quarter as anticipated, and adjusted operating profit was ahead of market expectations. This reflects the excellent progress achieved in FY24 to reduce our complexity, with £10 million of annualised cost savings delivered that will benefit the business over the long term.

Our focus on simplicity and cost-effectiveness has enabled investment in product innovation to enhance our leadership in the identity fraud and location intelligence markets. We are driving greater collaboration and global alignment to more effectively leverage our scale and expertise, with the improving performance of our Americas Identity business achieved by strengthening our go-to-market, sales enablement and product capability in that region.

Further to the update provided in the FY24 results announcement, the Board is pleased to report that GBG has continued to trade in line with our expectations in the first quarter as the improved momentum in Identity and resilient growth in Location continued from the final quarter of FY24.

We continue to expect mid-single-digit revenue growth on a constant currency basis in FY25, which will lead to high single-digit growth in adjusted operating profit, given the operational efficiency gains achieved in FY24. Identity and Location will drive our revenue growth in FY25 while our Fraud segment, as previously noted, is expected to report a revenue decline in the first half of the year given the timing of software license renewals, before returning to year-on-year growth in the second half.

As we look to the longer term, the Board remains confident that GBG's strong competitive differentiation will continue to underpin our leadership positions across the markets we serve. The technological capabilities we have built and our highly repeatable business model will enable us to capitalise upon the significant growth opportunities ahead to deliver significant and enduring shareholder value.

Our next scheduled trading update will be the half-year pre-close trading update in mid-October 2024."
Posted at 23/4/2024 06:12 by hotfinance14
Very positive trading update and good to see net debt falling significantly.

GB GROUP PLC

("GBG", the "Group" or the "Company")



FY24 trading update



Strong finish to the year with adjusted operating profit above expectations



GB Group plc, (AIM: GBG), the experts in global identity and location software, today provides an update on trading for the financial year ended 31 March 2024.



The Board is pleased with the Group's performance in FY24. The Group expects to report revenue of £277.3 million, driven by growth accelerating in Identity during the fourth quarter as anticipated. Adjusted operating profit¹ is expected to be slightly ahead of the top end of current analyst expectations², reflecting the excellent progress achieved throughout the year to drive simplification and cost-effectiveness in our business.



· We expect to report revenue of approximately £277.3 million, representing growth of c.2.7% on a constant currency basis.



· As anticipated, improved fourth-quarter growth of approximately 5.0% on a constant currency basis was primarily driven by an acceleration in Identity, as a result of improving trends in the Americas and EMEA. Growth in Location remained solid, while growth in sales of software licenses in Fraud slowed following two years of higher growth.



· Expected adjusted operating profit of approximately £61.2 million is slightly above the top end of current analyst expectations², driven by a focus on simplification and cost-effectiveness delivering £10 million of annualised savings. This would represent year-on-year growth in adjusted operating profit of approximately 8.0%, excluding the £3 million foreign exchange gain in the prior year.



· Strong cash generation in the second half has reduced net debt to around £81 million, which was better than current analyst expectations².



· Looking to FY25, the Group expects mid-single-digit revenue growth on a constant currency basis, which will drive high single-digit growth in adjusted operating profit, as a result of the operational efficiency gains achieved in FY24.



Dev Dhiman, CEO, commented:



"I am proud of our achievements during FY24 reflecting the focus and effort of the entire GBG team. While continuing to support our customers around the world, we have also improved our ability to drive profitable growth by driving simplification throughout the business.



We have begun the new financial year with good operational momentum, and our confidence in FY25 is underpinned by the Group's strong fourth-quarter performance. By prioritising competitive differentiation and a high-performance culture, we will ensure GBG capitalises on the exciting market opportunity presented by an increasingly digital world."



Notice of results



GBG expects to report full-year results on Tuesday, 11 June 2024.

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