AGM Statement
Q1 revenue growth mid-single digit in core Identity and Location segments, in line with Board expectations.
vs expectations: in line
- Revenue growth - Identity and Location mid-single digit
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Today, GBG, the global identity and location technology business, will hold its Annual General Meeting ("AGM") at 10.00 am (BST) in its Chester offices. Ahead of the meeting, the Board issues the following trading update for the three months ended 30 June 2026.
The Group's financial performance in the first quarter was in line with the Board's expectations. Revenue growth in our core segments of Identity and Location was comfortably mid-single digit, while our smallest segment, Global Fraud Solutions, is experiencing slower sales cycles and lapping a strong prior-year comparison. Performance in our core segments was driven by strong trading in EMEA Identity, supported by continued momentum across sectors with GBG Go, our AI-powered global identity platform.
Dev Dhiman, CEO, commented:
"We have sustained momentum in our core Identity and Location segments through Q1. Strong progress has been achieved as we advance our product and technology roadmap in support of GBG Go and its expanding customer base. Q1 has seen us deliver richer journey analytics, enhanced document and biometric verification, and deeper AI capabilities to enable faster, safer decisions for customers. This reinforces the Board's confidence in our ability to deliver accelerated growth in the medium term, as outlined in our recent results."
For further information, please contact: GBG Richard Foster, Investor Relations +44 (0) 7816 124164 FTI Consulting (Financial PR) Ed Bridges, Dwight Burden & Emma Hall +44 (0) 203 727 1779 GBG@fticonsulting.com Investor relations website www.gbgplc.com/investors
About GB Group plc ("GBG")
GBG exists to enable safe and rewarding digital lives for genuine people, everywhere. As the AI trust intelligence platform, we turn billions of interactions across people, places and businesses into the signals that help businesses drive and protect growth.
For over 30 years, we have combined global data with innovative technology to help more than 20,000 customers globally verify identity and location, protecting against digital crime, strengthening business resilience and driving responsible growth at scale.
GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250 index. Further information on our business can be found on our corporate website: www.gbgplc.com
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