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GB Group PLC on Wednesday said annual performance was in line with market expectations, as it noted an acceleration in revenue growth in the second half of financial 2026. The Chester, England-based identity verification and fraud prevention company reported £285 million in revenue for the financial year that ended March 31, up 0.8% from the £282.7 million reported for financial 2025. At constant currency, GB Group said revenue improved 3.2%. A single-digit percentage acceleration in second-half revenue growth, with 6% growth in Identity and Location at constant currency. The company expects to report adjusted operating profit of around £67.5 million for the recent financial year, up 0.7% from £67.0 million. GB Group said it remains a highly cash generative business, possessing a strong balance sheet. It plans to publish its full-year results on June 2. Shares in GB Group were up 0.3% to 222.00 pence on Wednesday morning in London. The stock remains down 14% over the past 12 months. ‘I am pleased with our FY26 results which reflect our strong execution and focus as one global team. Our accelerated revenue growth was driven by improvement in the Americas, and the momentum within the rest of our core business,’ said Chief Executive Dev Dhiman. ‘We are confident that our second-half performance reinforces our outlook to deliver mid-single-digit revenue growth in FY27, with our focus now on strategies to accelerate growth further.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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