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BRIEF-NCC Group says H1 adjusted EBITDA up 15 pct to 21.3 mln stg
December 13, 2016 / 7:21 AM / 10 months ago

BRIEF-NCC Group says H1 adjusted EBITDA up 15 pct to 21.3 mln stg

Dec 13 (Reuters) - NCC Group Plc :

* H1 group adjusted EBITDA increased by 15 pct to 21.3 mln stg (November 2015: 18.5 mln stg)

* Group revenues increased by 35 pct (November 2015: 50 pct) to 125.8 mln stg (November 2015: 93.5 mln stg). Organic growth of 18 pct (November 2015: 17 pct)

* Adjusted EBITDA for full year to May.31 2017 is expected to be in range of 45.5 mln stg to 47.5 mln stg

* Overall group’s forward order books and renewals have increased to 112.8 mln stg from 108.8 mln stg level published on Oct.20 2016

* Although disappointing, contract cancellations do not reflect any structural change in our assurance business Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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