S4 Capital PLC Pre-Close Period Trading Update (7754L)
31 December 2018 - 6:00PM
UK Regulatory
TIDMSFOR
RNS Number : 7754L
S4 Capital PLC
31 December 2018
S(4) Capital plc
("S(4) Capital" or the "Company")
Pre-Close Period Trading Update
Strong growth continues as anticipated into Q4
S(4) Capital plc (SFOR.L), the new age/new era digital
advertising and marketing services company, is pleased to report
continued trading progress in line with expectations year-to-date
to the end of November.
Euro reportable revenues were up almost 46%, gross profit up
almost 40% and operating EBITDA at the MediaMonks level up almost
118%.
Like-for-like revenues were up over 51%, with gross profit up
over 44%. Operating EBITDA at the MediaMonks level was up over
111%.
Prestigious digital content assignments from two major global
package goods companies were secured just before Christmas, which
will impact next year, and indicate the increasing market relevance
of S(4) Capital's "faster, better, cheaper" digital offer in an
always-on environment.
The merger with MightyHive was completed on Christmas Eve and
three-year plans and budgets for next year are already in
preparation, indicating continued strong organic growth.
The Company will report results for the twelve months ending 31
December 2018 in early March 2019.
Sir Martin Sorrell, Executive Chairman of S(4) Capital plc
said:
"Momentum continues at MediaMonks and now at MightyHive, and we
are already making progress in bringing MediaMonks and MightyHive
together to provide a differentiated digital content, data and
programmatic offer for clients and investors. We look forward to
updating the market in early March 2019."
Enquiries to:
S(4) Capital plc +44 (0)20 3793 0003
Sir Martin Sorrell (Executive
Chairman
Powerscourt (PR Advisor) +44 (0)20 3328 9386
Elly Williamson/ John Elliott
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END
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