GlobalData (GB:DATA) has released an update.
GlobalData Plc has reported a robust half-year performance with a notable 8% increase in adjusted EBITDA to £57.8 million and a 41% margin, indicating strong financial health. The company has completed a major investment deal with Inflexion for their Healthcare business and is making significant strides in its Growth Transformation Plan set to drive toward a £500m annual revenue target. With a solid start to the fiscal year and high revenue visibility, GlobalData is well-positioned for aggressive growth through both organic initiatives and strategic acquisitions.
For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.