NCC Group (NCC)

Sector:

IT Services

Index:

FTSE 250

129.80p
   
  • Change Today:
      2.40p
  • 52 Week High: 178.20p
  • 52 Week Low: 121.40p
  • Currency: UK Pounds
  • Shares Issued: 314.74m
  • Volume: 836,396
  • Market Cap: £408.53m
  • RiskGrade: 166
  • Beta: 0.04

NCC reiterates full-year expectations, 'vigilant' on economic uncertainty

By Alexander Bueso

Date: Wednesday 02 Nov 2022

LONDON (ShareCast) - (Sharecast News) - NCC Group continued to see accelerating growth in its Global Assurance arm, the cybersecurity specialist said ahead of its Annual General Meeting.
It also reiterated its expectations for the full-year, even while stating that it remained "vigilant" of any potential impact from current global economic uncertainty.

"Given our solid platform, our strong sales pipeline and the momentum in the business, management expectations for the full year are unchanged, although we remain vigilant of any potential impact from current global economic uncertainty," the company said.

In an update on current trading, the company said the Assurance division continued to see double-digit constant currency sales growth.

Software Resilience on the other hand had experienced a low single-digit constant currency decline on the back of a recent sales reorganisation, which had since stabilised and sales were now "improving".

Adjusted operating profit for the first half was expected to come in slightly ahead of the previous year, despite the cost of hosting its fist in person NCC conference since 2019 in June.

The company also called attention to the fact that it was a net beneficiary of the strong US dollar as a result of the scale of its operations in the USA.

NCC was scheduled to post its half-year figures on 30 November.

As of 0840 GMT, shares of NCC were edging higher by 0.24% to 205.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

NCC Group Market Data

Currency UK Pounds
Share Price 129.80p
Change Today 2.40p
% Change 1.88 %
52 Week High 178.20p
52 Week Low 121.40p
Volume 836,396
Shares Issued 314.74m
Market Cap £408.53m
Beta 0.04
RiskGrade 166

NCC Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.96% below the market average85.96% below the market average85.96% below the market average85.96% below the market average85.96% below the market average
72.84% below the sector average72.84% below the sector average72.84% below the sector average72.84% below the sector average72.84% below the sector average
Price Trend
36.48% above the market average36.48% above the market average36.48% above the market average36.48% above the market average36.48% above the market average
31.76% above the sector average31.76% above the sector average31.76% above the sector average31.76% above the sector average31.76% above the sector average
Income
59.73% below the market average59.73% below the market average59.73% below the market average59.73% below the market average59.73% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Growth
41.4% below the market average41.4% below the market average41.4% below the market average41.4% below the market average41.4% below the market average
69.62% below the sector average69.62% below the sector average69.62% below the sector average69.62% below the sector average69.62% below the sector average

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

NCC Group Dividends

  Latest Previous
  Final 2nd Interim
Ex-Div 20-Feb-25 05-Sep-24
Paid 04-Apr-25 04-Oct-24
Amount 1.50p 3.15p

Trades for 10-Apr-2025

Time Volume / Share Price
17:15 45,475 @ 130.74p
17:06 10,000 @ 129.80p
16:35 156,472 @ 129.80p
16:35 1 @ 129.80p
16:35 294 @ 129.80p

NCC Group Key Personnel

CEO Mike Maddison
CFO Guy Ellis

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