Quick Facts

GlobalData Sees Rise In Annual Revenue In Line With Market Expectations

GlobalData Plc (DATA.L), a provider of data, analytics, and insights, said on Tuesday that its trading for the full-year 2024 was in line with market expectations.

For the full year to December 31, 2024, the company expects adjusted EBITDA to be within the range of market expectations, representing a year-on-year growth of around 6 percent.

The Group expects to post annual revenue of around 286 million pounds, higher than the previous year's 273 million pounds.

Mike Danson, CEO of GlobalData Plc, said: "We enter 2025 from a position of strength with good revenue visibility and the firepower to execute on our strategy. We continue to progress towards our targets of 45% margin and £500m revenue by the end of the three-year growth plan." 

GlobalData is scheduled to release its annual earnings report on March 10.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Quick Facts