NCC Group, the Manchester-based global cyber security and risk mitigation firm, said in an AGM trading statement it continues to generate double-digit constant currency revenue growth in its Global Assurance division, which is accelerating as the year progresses.
NCC said its Software Resilience division has experienced a “low single digit constant currency decline due to a recent sales reorganisation, which has stabilised, and revenue is now improving.”
The Manchester firm said it expects adjusted operating profit for the half year ending on November 30 to be slightly ahead of the prior year.
For the first half of financial 2022, adjusted operating profit amounted to £20.2 million. NCC says full-year outlook remains unchanged.
In September, NCC said pretax profit doubled to £31.0 million for the financial year ended on May 31 from £14.8 million the year before, as revenue rose by 16% to £314.8 million.
Reporter: Xindi Wei
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