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GlobalData Prel. Annual Revenue Improves

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GlobalData Plc (DATA.L), a data, analytics, and insights platform, on Thursday posted a rise in preliminary annual adjusted EBITDA and revenue.

For the full year, the company expects to post adjusted EBITDA of around 111 million pounds, higher than last year's 86 million pounds.
The Group expects to deliver revenue of around 273 million pounds, compared with 243 million pounds.

Mike Danson, CEO of GlobalData, said: "As we look ahead, we enter 2024 with a new growth plan and operating structure, which when added to our strong financial position, allows GlobalData to pursue a more ambitious growth strategy across the three divisions and create substantial value over the medium term."

GlobalData is scheduled to release its annual results on March 4.

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