NCC looks to more mergers and acquisitions
UK firm looks to more deals in the US and Britain
British firm NCC Group considering further mergers and
acquisitions after posting an increase in profits.
The computer security business reported an 18 per cent rise in
full year pre-tax profit, which was driven by recent
NCC increased its revenue by 15 per cent to £53.7 million
following the acquisition of two companies.
Group dividend also rose by 16 per cent to 10.75 pence per share,
with shares hitting a two-year high of 442 pence per share on
Monday (July 5th).
Rob Cotton, chief executive of NCC, claimed the firm is eyeing
more deals in a bid to sustain its present growth.
He said: "We have acquired and integrated a number of businesses,
which have considerably widened our capabilities, both in the UK
"We have a very sound business model that will continue to evolve
NCC serves 94 of the firms listed in the FTSE 100, including
Vodafone and BAE Systems.