GB Group reported strong organic revenue growth driven by international expansion, a growing customer base and great people (Year Ended March 31st, 2018).  Revenue grew by 37% from Pounds 87.5 to Pounds 118.7 driven by international expansion.

Strategic and Operational Highlights

Enhancing our customer offer

  • Broadening our existing global data portfolio with additional new and improved data identity for China, Australia, France and Sweden
  • Expanding our capabilities with new acquisitions to provide the best products, such as Verifeyed which will improve our digital anti-tampering offer
  • Creation of a new Customer Experience leadership role as part of our Executive Team

International Expansion

  • International revenues increased from 31% to 34% of our total business
  • Continuing to make significant progress across EMEA and APAC regions
  • Now employ over 800 people across 18 countries

Growing our customer base

  • Strong level of renewals building on our existing customer base
  • Attracting new high-quality customers to the portfolio including LEGO, KBC Ireland and Nordstrom
  • Our overall customer base now stands at over 17,000 businesses and organisations, across 79 countries
  • The market for identity data intelligence solutions continues to grow as do our capabilities
  • Recent acquisitions fully integrated and providing new growth opportunities
  • Clear plans for organic growth and a healthy focus on opportunities for acquisitions
  • The new financial year is trading in line with our expectations

 

Chris Clark, CEO, said:

“This has been another strong year for GBG across all of our core products and markets. We have a clear strategy for sustainable, long-term growth based on building ever-closer customer relationships while continuing our international expansion through both acquisitions and investment in our people and technology.

“GBG is becoming a truly global business with more than 34% of revenues coming from overseas markets. Today, our customers include more than 17,000 businesses and organisations, in 79 countries and we’re continuing to expand and invest in our operations in APAC, North America and EMEA. We believe there are exciting opportunities across all our sectors, in all our markets and that gives us great confidence for the future.”

Source: GB Group Press Release