7 September 2023
NCC Group plc
Change to date of the audited Preliminary results for the year ended 31 May 2023 and trading update
NCC Group plc (LSE: NCC, "NCC Group" or "the Group"), a leading independent provider of global cyber security and resilience services issues an update regarding the timing of the publication of its audited preliminary results for the year ended 31 May 2023 (FY23).
As the Group concludes the finalisation of its results for the year ended 31 May 2023, the Group's auditor (KPMG LLP) has requested additional time to complete its audit procedures. Consequently, the Group will announce its results on Wednesday 27 September 2023 (previously announced date of Thursday 14 September 2023).
The Group still expects to report an Adjusted EBIT in line with the expected outturn that was included in the Company's June 2023 trading update.
Current trading is in line with expectations with cost efficiencies across Cyber Security and corporate functions already being realised.
In FY24, the Board still expects to make modest improvement in Group Adjusted EBIT driven by both the Cyber Security and Software Resilience businesses.
Execution of the next chapter of NCC Group's strategy is progressing well, with our global delivery and operations centre in Manila opening by the end of September 2023. We look forward to sharing more about this and our other strategic achievements on Wednesday 27 September 2023.
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Enquiries
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NCC Group
Yvonne Harley +44 (0)7824 412 405
H/Advisors Maitland
Neil Bennett +44 (0)20 7379 5151
Sam Cartwright +44 (0)7827 254 561
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About NCC Group plc
Our purpose and vision following our launch of the next chapter of our strategy is as follows:
Purpose: Creating a more secure digital future
Vision: To be a Global leader in providing cyber security and escrow services recognised for client centricity and the technical depth and breadth of our capability. Famous for our people and a culture that reflects professionalism, teamwork and respect with a relentless focus on quality and our contribution to the development of the industry and our impact on wider society.
NCC Group is trusted by over 14,000 customers worldwide to protect their most critical assets from the ever-changing threat landscape. With the company's knowledge, experience and global footprint, it is best placed to help organisations assess, develop and manage their cyber resilience posture. To support its purpose, NCC Group continually invests in research and innovation, and is passionate about developing the next generation of cyber scientists. With c.2,500 colleagues in 12 countries, NCC Group has a significant market presence in North America, Europe and the UK, and a footprint in Asia Pacific with offices in Australia, Japan and Singapore.
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Cautionary note regarding forward-looking statement
This announcement includes statements that are forward-looking in nature. Forward-looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as required by the Listing Rules, Disclosure and Transparency Rules and applicable law, the Group undertakes no obligation to update, revise or change any forward-looking statements to reflect events or developments occurring on or after the date such statements are published.
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