NCC Group PLC
27 October 2004
NCC GROUP - TRADING UPDATE
NCC Group plc, the Manchester-based leading independent provider of IT
assurance, security and consultancy services, is publishing today a trading
update covering the period since the Group's listing on AIM in July this year.
The Group's overall trading performance continues to be in line with the Board's
expectations. Renewals in the Group's core division, Escrow Solutions,
continued well with the annual price increase being effectively implemented in
October. The Testing Solutions and Consultancy Divisions' order books continue
to grow in line with expectations and now stand at £1.2 million and £1.4 million
respectively. Penetration Testing, part of the Testing Solutions Division, has
grown particularly strongly, as demand for high quality independent web testing
increases, both within organisations and across the Internet.
The Group continues to generate cash with net debt currently at £3.5 million
down from £5.1 million at the time of the listing.
The Group expects to report its interim figures in mid-January 2005.
27 October 2004
Enquiries:
NCC Group (www.nccgroup.com) 0161 209 5432
Rob Cotton, Chief Executive
Paul Edwards, Group Finance Director
College Hill
Adrian Duffield/Clare Warren 020 7457 2815/2055
This information is provided by RNS
The company news service from the London Stock Exchange
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