Sep 25, 2018
Next Fifteen Communications Group plc (“Next 15” or the “Group”), the digital communications group, today announces its interim results for the six months ended 31 July 2018.
Highlights
- Group net revenue growth of 14%, with organic revenue growth of 8.7%
- Adjusted profit before tax up 26% to £15.1m
- Adjusted diluted earnings per share increased by 25% to 14.2p
- Strong balance sheet with net debt of £25.6m (2017: £20.8m)
- Significant client wins including Capital One, Waze, Diageo and AIG
- Brandwidth, a UK-based innovation agency acquired in February
- Technical, a specialist technical content and digital marketing business, acquired in July
- Interim dividend up 20% from 1.8p to 2.16p per share
Commenting on the results, Chairman of Next 15, Richard Eyre said:
The pace of change in the marketing sector has shown no sign of slowing. Companies are increasingly focused on how consumers experience their brand through digital channels and especially mobile platforms. Next 15 remains committed to building and buying businesses that understand how to take advantage of these platforms, using technology and data to design and manage marketing programs. Our strong growth in the first half of the year is evidence of an effective strategy which we believe will continue to drive shareholder value.