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Full Year 2021 NCC Group PLC Earnings Call Transcript
Lovely. Thank you, and good morning, everybody. Thanks for joining us. Most of you, I'm sure, have had the opportunity to have a look at the recording that Tim and I have done, the presentation setting out our results for the year ending 31st of May 2021. But for anybody who hasn't had an opportunity, I'll just take 2 minutes, if I may, to give you a few highlights.
So we're really pleased with this set of results. In a year when most people took a step backwards because of the disruption caused by the pandemic with which we are all familiar, NCC Group was able to take a step forward. This year in which revenue went up 2%, 3%. Our adjusted EBIT was up significantly more over 20% as we saw less, for example, travel costs and other costs coming in. Our cash flow, up to GBP 35 million almost, which as you know is a metric which is very dear to our heart.
But I think beyond the financial results, which unquestionably experienced a bit of perturbation from COVID, I'm particularly pleased with the way that we use the time that we have
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