Next Fifteen Comm Trading Statement
24 January 2017 - 6:00PM
UK Regulatory
TIDMNFC
24 January 2017
Next Fifteen Communications Group plc
("Next 15" or "the Group"),
Trading update
Next 15, the digital communications group, is pleased to
announce a pre-close trading update ahead of its results for the
year ending 31 January 2017, which are due to be announced in early
April 2017. Next 15 is pleased to report that it expects results to
be in line with market expectations and the board expects the Group
to make further good progress in the year ahead.
During the year the Group has continued to invest in the
transition to digital marketing services. It has made a series of
acquisitions including Publitek and Pinnacle, which are specialists
in digital content and marketing for advanced technologies. The
Group also acquired Twogether, a specialist B2B digital marketing
agency; HPI a market research business; and took an investment
stake in Phrasee, an AI email marketing technology company.
Since July 2016 the Group has added notable additional business
from General Motors, Unilever, KPMG and Deliveroo.
Next 15 continues to benefit from the relative scale of its US
business compared to its UK peers. Over 60% of the Group's revenues
are generated in the US and we believe the Group should continue to
benefit from the relative strength of the US economy and its
currency.
Richard Eyre, Chairman of Next 15, said:
"The Group continues to invest in three areas: data, content and
technology. This is positioning it well for the future and
attracting a high calibre of talent and customers. In the year
ahead we expect to enhance our data, content and technology
capabilities organically and by acquisition as we see these as
drivers of long-term growth."
Enquiries:
Next Fifteen Communications Group plc:
Tim Dyson, CEO Tel: +1 415 350 2801
Peter Harris, CFO Tel: +44 (0) 7908 6444
Investec Bank plc:
Keith Anderson / Matt Lewis / Dominic Emery Tel: +44 20 7597 4000
View source version on businesswire.com:
http://www.businesswire.com/news/home/20170123005715/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
January 24, 2017 02:00 ET (07:00 GMT)
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