Notice of Results and Business Update

Grc International

16/07/2019 12:39

RNS Number : 7104F

GRC International Group PLC

16 July 2019

 

This announcement contains inside information

 

16 July 2019

 

GRC International Group plc

 

("GRC International", the "Company" or the "Group")

 

Notice of Results and Business Update

 

GRC International Group plc (AIM:GRC), the one-stop shop for cyber security and data compliance products and services (including GDPR), expects to announce its unaudited preliminary annual results for the year ended 31 March 2019 on Monday, 22 July 2019.

 

The Company's unaudited preliminary annual results are expected to show revenue of approximately £15.8 million, an underlying EBITDA loss of approximately £4.3 million and a loss before tax, exceptional items and share based payments of approximately £5.1 million.

 

As announced on 2 April 2019, the year ended 31 March 2019 was a year of significant investment in new business areas and geographies which, as expected, impacted short-term profitability. Within the final quarter of the year ended 31 March 2019 the Group saw a return to positive EBITDA and positive cash generation as the benefits of these investments came through.

 

 

Enquiries

 

GRC International Group plc
Alan Calder (CEO)
Chris Hartshorne (Finance Director)
www.grci.group
+44 33 3800 7000
Grant Thornton UK LLP (Nomad)
Philip Secrett/ Jamie Barklem/ Ben Roberts
020 7383 5100
Dowgate Capital Limited (Broker)
James Serjeant
020 3903 7717

 

 

 

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