º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Tech

Global cyber security firm NCC Group's full-year profits surge

The group recently completed a £156m acquisition

NCC Group(Image: NCC Group)

Global cyber security and resilience adviser NCC Group's pre-tax profits jumped by more than 50% during its latest financial year.

The Manchester-based group has reported profits of £14.8m for the 12 months to the end of May 2021, up from the £9.6m it achieved during the prior period.

The listed company's revenue also increased from £263.7m to £270.5m over the same time.

READ MORE: Greater Manchester Tech 50: Top 10 revealed in our list celebrating city region's thriving digital sector

The figures come after the group completed a £156m acquisition in June.

The group added that for its current financial year, the board expects higher revenue growth partially offset by increased global costs from inflationary pressures as well as a resumption in travel and office usage.

Chief executive Adam Palser said: "Thanks to the hard work, dedication and skill of my NCC Group colleagues, FY21 was a year in which we made demonstrable progress towards our vision to be the leading cyber resilience provider globally.