GB Group plc (GB:GBG) has released an update.
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GB Group PLC, a leader in global identity and location software, announced steady financial results for FY24, with a slight decrease in reported revenue but an increase in constant currency revenue and adjusted operating profit. The company has reduced its net debt and is proposing a 5% higher final dividend compared to the previous year. Despite challenging macroeconomic conditions, GBG is focusing on strategic progress through simplification and cost-effectiveness, and the CEO Dev Dhiman expresses optimism for continued growth and innovation.
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