AGM Trading Statement

NCC

03/03/2026 07:00

RNS Number : 0196V

NCC Group PLC

03 March 2026

 

3 March 2026

NCC Group plc

AGM Trading statement

NCC Group plc (LSE: NCC, 'NCC Group' or 'the Group'), will hold its Annual General Meeting (AGM) today at 1.00pm at the Company's Head Office, XYZ Building, 2 Hardman Boulevard, Spinningfields, Manchester, M3 3AQ. The Board is pleased to note the following:

·
The sale of NCC's Escode business to TDR Capital LLP for total enterprise value of £275.0m, and an aggregate gross consideration of £309.1m (payable in cash and subject to completion adjustments), announced on 21 January 2026 , remains on track with completion expected no earlier than 30 April 2026, at which point the Board will announce plans for an additional substantial capital return.
·
The sale of Escode will create a pure-play global Cyber security and resilience business. Momentum continued in the Cyber business in Q1 FY26, delivering a 2nd consecutive quarter of underlying revenue growth.
·
The Board anticipates that FY26 revenue (including recent non-core disposals) for the year ending 30 September 2026 will grow marginally, with Escode and Cyber experiencing low single-digit growth as the pipeline continues to build
·
FY26 Group Adjusted EBITDA (after the adjustments for non-core disposals) is also expected to be in line with the Board's expectations and the Board remains confident in delivering the Group's medium-term financial goals as it continues to improve operational discipline and transform the Cyber business.
·
Reflecting the Board's continued confidence in the prospects of the Group and the strength of the balance sheet, the Group's Share Buyback Programme continues as we utilise the authorities granted at the 2025 AGM for the purchase of up to 31,473,997 shares. The Group is seeking renewal of this authority at today's AGM.

 

Capital Markets Event

The Group will host a Capital Markets Event for institutional investors and sell-side analysts, focusing on its Cyber business strategy on Friday 13 March 2026 from 11:00 to 13:00 (UK time).

The Capital Market Event will be hosted in-person at NCC Group's Manchester office at 2 Hardman Boulevard, Spinningfields, Manchester M3 3AQ and live-streamed via a webcast. A recording of the webcast will be made available on NCC Group plc's website (www.nccgroupplc.com) as soon as possible following the presentation. To register in-person or online attendance email NCCGroup-maitland@h-advisors.global.

 

Contact information
Investor and analyst enquiries:
Yvonne Harley
VP, Investor Relations and Sustainability
Tel: +44(0)7824 412 405
Email:investor_relations@nccgroup.com
Media enquiries:
H/Advisors Maitland
Neil Bennett/Sam Cartwright
Tel: +44(0)20 379 5151
Email:NCCGroup-maitland@h-advisors.global

About NCC

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business. Driven by a collective purpose to create a more secure digital future, c. 2,000 colleagues across the UK, Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally. With decades of experience and a rich heritage, NCC Group is committed to developing sustainable solutions that continue to meet client's current and future cyber security challenges.

www.nccgroup.com

Appendix 1 - FY26 NCC Profit Forecast

FY26 NCC Profit Forecast

This announcement (the "Announcement") includes the following statement:

FY26 Group Adjusted EBITDA (after the adjustments for non-core disposals) is expected to be in line with the Board expectations and the Board remains confident in delivering the Group's medium-term financial goals as it continues to improve operational discipline and transform the cyber business (the "FY26 NCC Profit Forecast").

Directors' confirmation

The NCC Board of Directors confirm that, as at the date of the Announcement, the FY26 NCC Profit Forecast remains valid and that it has been properly compiled on the basis of the assumptions set out below and that the basis of accounting used is consistent with NCC's accounting policies which are in accordance with UK-adopted International Accounting Standards and those that NCC applied in preparing its financial statements for the 12 months ended 30 September 2025.

Basis of preparation and principal assumptions

The FY26 NCC Profit Forecast is based upon internal NCC forecasts. In confirming the FY26 NCC Profit Forecast, the NCC Board of Directors have made the following assumptions in respect of the forecast period to 30 September 2026:

Factors outside the influence or control of the NCC Board of Directors:

 

1.
No material change in the political, economic and/or market environment that would materially affect NCC;
2.
No material changes in market conditions over the period to 30 September 2026 in relation to either customer demand or competitive environment;
3.
No significant one-off events or litigation that would have a material impact on the operating results or financial position of NCC;
4.
No material adverse change to NCC's commercial relationships;
5.
No material changes to inflation, interest or tax rates in NCC's principal markets compared with NCC's budgeted estimates
6.
No material changes to foreign exchange rates that will have a significant impact on NCC's revenue or cost base;
7.
No material adverse events which will have a significant impact on the operating results or financial position of NCC;
8.
No material adverse outcome from any ongoing or future disputes with any customer, competitor, regulator or tax authority; and
9.
No change in legislation, taxation, regulatory requirements, applicable standards or the position of any regulatory bodies that would have a material impact on NCC's operations or accounting policies.

 

Factors within the influence or control of the NCC Board of Directors:

1.
No additional significant acquisitions, disposals, developments, partnership or joint venture agreements being entered into by NCC which would have materially dilutive effect on NCC's earnings;
2.
No material change in dividend or capital policies of NCC;
3.
No material changes to the senior leadership team of NCC that are not already announced; No material change in NCC's strategy; and
4.
NCC's accounting policies will be consistently applied in the period to 30 September 2026.

 

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