City round-up: GB Group; Sosandar; Altitude Group; Nanoco Group
GB Group, the Chester-based identity verification specialist, hailed a strong first half performance, and balance sheet, today.
Results for the six months to September 30, showed revenues of £109.2m, a 5.4% improvement on the previous year, while the pre-tax profit of £14.4m was 3.2% down on last year's £14.9m figure.
The group held net cash of £39.5m, compared with a £2.7m net debt this time last year.
Chief executive Chris Clark said: "I am extremely pleased with these results and the significant progress we have made ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
