G3 reports first quarter metrics in line with targets

By Suze Metherell
July 27 (BusinessDesk) - G3 Group, the mail operations and document management company which is listed on the new small-cap NXT market, says first-quarter trading was in line with targets.
Gross margin as a percentage of revenue was 24.5 percent in the three months ended June 30, tracking closely with its 21.9 percent full-year target, the Auckland-based company said in a statement. Operating margin as a percentage of revenue was 22.7 percent in the quarter, against an annual target of 20.1 percent.
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