Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Identity and location technology group GB (GBG) has issued an “Americas Identity trading update”-titled announcement including this business has “seen higher than expected volume attrition on a few material customers… now expect total group revenue growth for FY27 to be within the range of 1-3% (having previously guided mid-single digit)”. How disappointing is that from the valuation at a current 170p share price?
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