Year end profits up 18% and dividend up 16%

05/07/2010 00:00:00

Six year earnings CAGR 21.9% and dividend 33.9%

NCC Group plc (LSE: NCC, “NCC Group” or “the Group”), the international, independent provider of Escrow and Assurance, has reported its final results for the year to 31 May 2010.

Rob Cotton, Group Chief Executive, commented:

“We have delivered a strong performance, despite the backdrop of global recession and continuing considerable uncertainty which has persisted for most of the last financial year.  

“Over the last six years since listing, we have consistently delivered a combination of strong organic growth and cash generation.  We have also acquired and integrated a number of businesses, which have considerably widened our capabilities, both in the UK and internationally.

“Overall this has resulted in the Group’s six year compound annual growth rate (CAGR) of 20.6% for operating profit and 21.9% for earnings.  Dividends have grown from 2.5p to 10.75p, a 330% increase or a CAGR of 33.9%.

“We have a very sound business model that will continue to evolve and develop. With high revenue visibility and over £35m of orders and renewals forecast for the current financial year, we are confident that our prospects continue to be very bright.”

Visit our corporate website for full details of our Final results for the year to 31 May 2010.

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