13
November 2024
GlobalData
Plc
Trading
Update
Trading In line for
FY24
Bolt-on Acquisition of
LinkUp
GlobalData Plc ('GlobalData' or the
'Group'), a leading data, analytics, and insights
platform, today announces an update on trading and strategic
progress.
Having entered the second half of
2024 in a strong financial position, the Group continues to trade
in line with FY24 expectations.
As part of our Growth Transformation
Plan 2024-26, we continue to actively pursue organic and inorganic
growth opportunities. Deployment of capital is underway following
our deal with Inflexion to support growth through a bolt-on M&A
strategy. We are driving confidently towards our target of £500m
annual revenue by the end of the three-year growth plan.
As part of this, the Group has
completed the acquisition of LinkUp, the leading provider of global
job market data.
Founded in 2007, LinkUp delivers
labour intelligence of the highest accuracy, timeliness, and
quality to leading hedge funds, financial services firms, and human
capital management organisations. This addition represents further
execution against our bolt-on acquisition strategy, adding to the
Group's growing strategic intelligence offering as well as
strengthening its presence within the financial markets
audience.
Mike Danson, Chief Executive Officer of GlobalData PLC,
commented: "As part of our ongoing
efforts to invest and scale our One Platform to make it the best it
can be, this complementary acquisition of LinkUp offers our new and
existing clients significant value by adding real-time proprietary
technology that indexes millions of job listings. We are trusted to
provide our clients with actionable insights to make informed
decisions and this is a good fit to our must-have and in-demand
dataset. Our One platform, supported by AI, gives our clients
access to proprietary data, analytics, and insights tailored as a
solution to their specific use-case."
ENQUIRIES
|
GlobalData Plc
|
|
|
Mike Danson, Chief Executive
Officer
|
0207 936 6400
|
|
|
|
|
J.P. Morgan Cazenove (Nomad, Joint Broker)
|
0203 493 8000
|
|
Bill Hutchings
|
|
|
Mose Adigun
|
|
|
|
|
|
Panmure Liberum (Joint Broker)
|
0207 886 2500
|
|
Rupert Dearden
|
|
|
|
|
|
Investec Bank plc (Joint Broker)
Henry Reast
Virginia Bull
|
0207 597 5970
|
|
FTI
Consulting (Financial PR)
|
0203 727 1000
|
|
Edward Bridges
|
globaldata@fticonsulting.com
|
|
Dwight Burden
|
|
|
Emma Hall
|
|
About GlobalData
GlobalData Plc (AIM: DATA) is a
leading data, insights, and analytics platform for the world's
largest industries. Our mission is to help our clients decode
the future, make better decisions, and reach more
customers.
One
Platform Model
GlobalData's One
Platform model is the foundation of our business and is the
result of years of continuous investment, targeted acquisitions,
and organic development. This model governs everything we
do, from how we develop and manage our products, to our approach to
sales and customer success, and supporting business
operations. At its core, this approach integrates our unique
data, expert analysis, and innovative solutions
into an integrated suite of client solutions and digital
community platforms, designed to serve a broad range of industry
markets and customer needs on a global basis. The operational
leverage this provides means we can respond rapidly to
changing customer needs and market opportunities, and continuously
manage and develop products quickly, at scale, with limited capital
investment as well as providing unique integration opportunities
for M&A.
Strategic
Priorities
GlobalData's four strategic priorities are:
Customer Obsession, World-Class Product, Sales Excellence and
Operational Agility.
About LinkUp
LinkUp combines more than 20 years of
experience in human capital management and employment data with
proprietary technology that indexes millions of job listings
directly from employer websites around the world, updated every
day. From this unique jobs dataset, LinkUp provides clients with
actionable insights into the global labor market at the
macroeconomic to individual company level or across themes, skills,
products, and technologies.
