Pre-close Trading Statement

RNS Number : 8331A

GB Group PLC

26 March 2013

 



26  March 2013

GB Group PLC

("GB Group" or the "Group")

Pre-Close Trading Statement

GB Group, the identity management specialist, provides the following trading update for the year to 31 March 2013 in advance of the release of its annual results.

Group Trading Performance

The Board is pleased to report that GB Group has achieved a strong set of results, ahead of market consensus. For the year to 31 March 2013, the Group expects to show an adjusted operating profit¹ of not less than £5.1 million (2012: £3.7 million).

GB Group intends to provide a more detailed trading update on its results during the week commencing 14 April 2013 ahead of its annual results announcement which is expected to be issued during the week commencing 3 June 2013.

Note 1: adjusted operating profit means profits before share of results from joint ventures and associates, interest, tax, share based payment charges, amortisation of acquired intangibles, acquisition related costs and non-recurring acquisition integration costs.

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For further information, please contact:

GB Group plc Richard Law, Chief Executive Dave Wilson, Finance Director	01244 657333
Peel Hunt LLP (Nominated Adviser and Broker) Richard Kauffer Daniel Harris	020 7418 8900
Newgate Threadneedle Caroline Evans-Jones Heather Armstrong	020 7653 9850
Website	www.gb.co.uk

Editors' Notes

Who is GB Group?

The most successful organisations recognise the value of understanding your individual identity - who you are, what you need and what you like. GB Group combines this concept of identity with technology to create an environment of trust so that organisations can connect, communicate and transact with consumers safely, responsibly and profitably. We call this Identity Management.

GB Group has five complementary Identity Management offerings:

·      ID Verification, which provides the ability to verify consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering and restrict access to under age content, purchases and gambling

·      ID Customer Registration, which includes software and services for quick and accurate customer registration and validation of records

·      ID Engagement Services, which provides database services so our clients can better understand, target and retain their customers and offers accurate and up-to-date identity information for their contact strategies

·      ID Tracing Services, which provides the largest and most accurate picture of the UK's population and properties in order to locate and contact the right individual, first time

·      ID PeopleSafe Services, which provides background checks through online verification and authentication of individuals enabling organisations to safeguard, recruit and engage with confidence

This enables our clients to make informed business decisions based on a thorough knowledge of consumer identity and behaviour, leading to more effective communication and interaction with the customer.

GB Group is listed on the London Stock Exchange (GBG). For more information, please visit GB Group's website: www.gb.co.uk

GB Group - because identity matters®

 

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