Chester-based data intelligence firm announces £52.6m half-year revenue

Identity data intelligence firm GB Group (GBG) has announced double-digit profit and revenue growth following a period of acquisitions.

The Chester-headquartered company saw its operating profit leap year on year by 90%, to more than £10m, in the six months to September 30 2017.

Revenues rose to £52.6m, an increase of 40% in comparison to the same period last year.

Of its recent additions to its business, which includes GBG DecTech, GBG Loqate, IDscan and PCA Predict, GBG said each acquisition continues to “perform well” and has been “instrumental in driving GBG’s international expansion”.

GBG chief exec Chris Clark said: “The performance of GBG since the beginning of April has been very encouraging.

“The PCA Predict acquisition completed successfully in May and the business has integrated well into the Group, giving us new growth opportunities.”

He added: “Looking forward to the second half, we again have high visibility (over 70%) of our full year revenues and continue to grow well in the UK and internationally.”