Manchester-based cyber security company NCC Group said on Thursday its revenue from continuing operations rose 7.6% to £250.7 million and profit before taxation increased 52.1% to £17.8 million in the year to May 31.

NCC said regulatory pressure and high-profile breaches continue to increase the strategic importance and value of cyber security in its target markets.

NCC Group CEO Adam Palser said: “This has been a pivotal year in NCC Group’s transformation as we lay the foundations to enable us to compete and win globally, delivering on our mission to make the world safer and more secure. 

“We have grown and strengthened our teams at all levels of the organisation, improved our financial and operational management, and with the accelerated deployment of our new systems the next version of NCC Group is rapidly taking shape.  

“We look forward with confidence to a dynamic year where we consolidate our global propositions, develop our new cloud-resilience Escrow-as-a-Service offering, and improved performance in all our core businesses and markets.”