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.