GlobalData Plc (LON: DATA) reports 5% revenue growth for 10 months ended 31 October 2020

Be the First to Comment Read

GlobalData Plc (LON: DATA) reports 5% revenue growth for 10 months ended 31 October 2020

 

GlobalData Plc (LON: DATA) has released a trading update for the 10 months to 31 October 2020.

  • There was 5 per cent growth in revenue, excluding events for the period as compared to the same period of the last year.
  • Forward contracted revenue witnessed an improvement of 8 per cent against 9 per cent growth excluding events, reported for the period ended 31 October 2019.
  • Adjusted EBITDA was up by 12 per cent with a margin improvement of 3 percentage points to 32 per cent as compared to the same period previous year.
  • On 25 November 2020, the stocks of the company traded higher by 0.66% from its previous closing, hovering at around GBX 1,500.00 at 10:41 AM GMT+1.

Disclaimer

Speak your Mind