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GlobalData PLC on Thursday - London-based data analytics and consulting firm - Expects 2023 revenue of around £273 million, up 12% from £243 million a year before. Adjusted earnings before interest, tax, depreciation and amortisation is expected at £111 million, up 28% from £86 million in 2022. Adds its Ebitda margin in 2023 was strong at around 41%, compared to 36% a year ago. GlobalData will publish its 2023 financial results on March 4.
Chief Executive Officer Mike Danson says: ‘As we look ahead, we enter 2024 with a new growth plan and operating structure, which when added to our strong financial position, allows GlobalData to pursue a more ambitious growth strategy across the three divisions and create substantial value over the medium term.’
Current stock price: 207.00 pence, down 3.1%
12-month change: up 5.6%
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