Business
Interim Results
Interim Results.
About this update from Globaldata Plc
[{"type":"text","content":"\n \nRNS Number : 0576F GlobalData PLC 25 July 2016 \n\n \n25 July 2016\nGlobalData Plc\nUnaudited Interim Report For The Six Months Ended 30 June 2016\n\"Delivering quality data and analytics\"\n \nKey highlights and achievements\n· Transformed the business with the recent acquisitions and change in management\n· Change of name\n· Focused business model, with an increased scale of business information offering\n· Increased our sales capabilities in key geographies and verticals\n· Increased revenues, earnings and cash generation\n \nFinancial Highlights \n· Group revenues increased by 65% to £47.1m (2015: £28.6m)\n· Deferred revenues increased by 97% to £37.9m (2015: £19.2m)\n· Adjusted EBITDA (1) increased by 63% to £9.4m (2015: £5.8m)\n· Cash generated from operations increased by 193% to £8.8m (2015: £3.0m)\n· Loss before tax of £1.3m (2015: £0.8m profit) after a £7.3m (2015: £1.5m) amortisation charge\n· Interim dividend of 2.5 pence per ordinary share (2015: Nil) with full year at 6.5p (2015: 2.5p)\n· Net debt £23.1m (2015: £5.5m)\n \n \n \nBernard Cragg, Chairman of GlobalData Plc, commented: \n\"It has been an encou...