GB GROUP (GBG) Trading update summary

Trading performance

• Financial performance for Q1 was in line with expectations, with core segments showing mid-single digit revenue growth.

• Identity and Location segments drove growth, particularly through strong EMEA Identity trading and momentum with the AI-powered GBG Go platform.

• Global Fraud Solutions segment experienced slower sales cycles and faced a tough comparison with the previous year.

Product and technology developments

• Delivered enhancements in journey analytics, document and biometric verification, and AI capabilities during Q1.

• Product advancements are aimed at enabling faster, safer decisions for customers and expanding the GBG Go customer base.

Outlook and confidence

• Board remains confident in achieving accelerated medium-term growth, supported by recent results and ongoing product innovation.