GB Group - Re: GBG Stream Log - finnCap's note out earlier today:...

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Re: GBG Stream Log
16:04 08/06/2016
Simbrad
0 replies 0 0

finnCap's note out earlier today: "As expected, this is a good set of results. Driven by international growth and expansion in the blue-chip client base, FY 2016 revenue is up 28% to £73.4m, although slightly below our £74m expectation. Adj. EBITDA rose 25% to £14.8m and adj. operating profit was up 24% to £13.4m, both in line with our forecasts. However, the group has a much reduced tax charge of just £0.2m in FY 2016 so FD adj. EPS..." scraped from research tree

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