Shares in software and data organisation GB Group PLC (LSE:GBG) jumped 11% on Thursday following a half-year trading update.
Total revenue in the six months to 30 September added 4.5% to £137 million on a constant currency basis.
First-half adjusted operating profit grew by 21% to £29 million, reflecting “group-wide cost and simplification initiatives executed in the prior year”.
“The positive operating momentum we carry into the second half underpins both the board's ongoing confidence in delivering the FY25 outlook and our ability to fulfil the longer-term potential of the business,” said chief executive Dev Dhiman.
GB Group’s shares are currently swapping for 322.2p.