Cyber security specialists
The Escrow business has demonstrated 8 per cent revenue growth in the period, with renewals of £15.5m underpinning growth. But revenue growth in Escrow UK has slowed, with sales rising by 6 per cent, against 9 per cent last year. However, this should be more than offset by 97 per cent growth in sales in the Assurance business, where the order book has almost trebled to £19.2m.
SHARE TIP UPDATE:
Shares in NCC have gained 5 per cent since our buy advice (540p, 7 Jan 2011), and with analysts at Peel Hunt giving a price target of 715p, they are still a buy.