GB Group expects to beat market view for year

Shares of identity verification specialist GB Group raced ahead after it confirmed that it had achieved a strong set of results, ahead of market expectations.

Shares of identity verification specialist GB Group raced ahead after it confirmed that it had achieved a strong set of results, ahead of market expectations.

In its update ahead of its results for the year to March 31st 2013 the group said it expects to show an adjusted operating profit of not less than £5.1m compared to £3.7m a year earlier.

GB Group said it intends to provide a more detailed trading update mid April ahead of its annual results expected in the first week of June 2013.

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