Shares in identity verification specialist GB Group PLC (LSE:GBG) slipped in early trading on Thursday, as investors weighed solid annual results against the company’s warning that growth could be tempered by rising global tariff uncertainty.
While revenue for the year to 31 March rose 3% on a constant currency basis to £283 million, and adjusted operating profit jumped 10% to around £67 million, GBG flagged that recent geopolitical tensions may cloud the near-term outlook.
The company pointed to tariff-related macroeconomic uncertainty as a potential drag on its ability to accelerate growth, despite strong underlying fundamentals.
In early trading, the shares fell 33p to 231.5p.