NCC Group (NCC)

Sector:

IT Services

Index:

FTSE 250

134.00p
   
  • Change Today:
    -1.60p
  • 52 Week High: 136.00
  • 52 Week Low: 86.30
  • Currency: UK Pounds
  • Shares Issued: 313.49m
  • Volume: 104,599
  • Market Cap: £420.07m
  • RiskGrade: 166

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 134.00p
Change Today -1.60p
% Change -1.18 %
52 Week High 136.00
52 Week Low 86.30
Volume 104,599
Shares Issued 313.49m
Market Cap £420.07m
RiskGrade 166

NCC Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.66% above the market average0.66% above the market average0.66% above the market average0.66% above the market average0.66% above the market average
66.27% above the sector average66.27% above the sector average66.27% above the sector average66.27% above the sector average66.27% above the sector average
Price Trend
55.01% above the market average55.01% above the market average55.01% above the market average55.01% above the market average55.01% above the market average
47.83% above the sector average47.83% above the sector average47.83% above the sector average47.83% above the sector average47.83% above the sector average
Income
11.17% below the market average11.17% below the market average11.17% below the market average11.17% below the market average11.17% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
41.28% below the market average41.28% below the market average41.28% below the market average41.28% below the market average41.28% below the market average
76.74% below the sector average76.74% below the sector average76.74% below the sector average76.74% below the sector average76.74% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 7
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
  Interim Final
Ex-Div 15-Feb-24 09-Nov-23
Paid 15-Mar-24 08-Dec-23
Amount 1.50p 3.15p

Trades for 01-May-2024

Time Volume / Share Price
11:16 2,500 @ 133.66p
11:14 615 @ 134.00p
11:14 1,575 @ 134.00p
11:03 13 @ 133.40p
10:56 450 @ 133.80p

NCC Group Key Personnel

CEO Mike Maddison
CFO Guy Ellis

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