Last checked at 22 Apr 2025 09:57
Ebiquity confident after second-half turnaround
(Sharecast News) - Ebiquity reported a 4.3% decline in revenue to £76.8m for the year ended 31 December on Tuesday, with adjusted operating profit falling 34.3% to £7.9m.
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Share Price Information for Ebiquity (EBQ)
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Share Price:
24.50
Bid:
24.00
Ask:
25.00
Change:
1.00 (4.26%)
Spread:
1.00 (4.167%)
Open:
24.50
High:
24.50
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Prev. Close:
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Don't have an account? Click here to register.CMA provisionally clears sale of Ebiquity's advertising intelligence business
Thu, 11th Oct 2018 11:37
(Sharecast News) - Media and marketing consultancy Ebiquity rallied on Thursday as the Competition and Markets Authority provisionally approved the sale of its advertising intelligence business to Nielsen Media on an unconditional basis.Chief executive officer Michael Karg said: "We are encouraged by the CMA's provisional findings report following its in-depth investigation. The planned disposal of Advertising Intelligence to Nielsen will allow Ebiquity to continue investment in its core consultancy practices, better align the business to the significant market growth opportunities and materially reduce net debt."The CMA - which referred the sale for an in-depth investigation amid concerns that the merged company would face little competition from other suppliers - said it has provisionally found that the design of the products, how they are used and the fact that very few customers switch between the companies mean they don't closely compete."This finding was supported by the fact that they have not invested significant amounts of money or resources in competing for each other's customers and, according to internal documents, are unlikely to do so in the future," the CMA said."This provisional clearance takes into account the declining demand for advertising research relating to traditional media - such as TV, radio and print - as online and social media continue to grow in importance and take a greater share of total advertising spend. This has put pressure on both companies, which provide intelligence on traditional media."Ebiquity said on Thursday that it "looks forward to continuing to engage with the CMA" as it works towards its final report ahead of the 9 December statutory deadline.At 1135 BST, the shares were up 16% to 70p.
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22 Apr 2025 09:36
Ebiquity says "2024 not year we had envisioned" but 2025 starts well
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Read more15 Apr 2025 14:20
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Ebiquity backs outlook amid better-than-expected progress on debt
(Alliance News) - Ebiquity PLC on Monday said it expects 2024 results to be in line with market expectations, despite it being a "testing" year.
Read more5 Dec 2024 16:00
EARNINGS AND TRADING: Card Factory buys Garven; Carclo loss narrows
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Read more26 Sep 2024 13:30
EARNINGS: Ebiquity bemoans poor conditions on swing to interim loss
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more19 Sep 2024 14:33
22 Aug 2024 14:25
Ebiquity expects revenue to slump 7% in half; earnings to fall sharply
(Alliance News) - Ebiquity PLC on Thursday said it expects a significant decline in first half revenue and earnings but expects improved performance in the final six months of the year.
Read more22 Aug 2024 08:03
Ebiquity H1 revenue down, warns on FY profits
(Sharecast News) - Marketing and media consultancy Ebiquity said on Thursday that both revenue and adjusted underlying earnings had fallen in the six months ended 30 June, leading it to warn on FY profits.
Read more5 Aug 2024 19:40
IN BRIEF: Ebiquity Chief Financial Officer Julia Hubbard steps down
Ebiquity PLC - London-based media and marketing consultancy - Chief Financial Officer Julia Hubbard steps down, and as an executive director, with effect from last Friday to pursue fresh opportunities. Will remain employed until August 14.
Read more4 Jun 2024 14:27
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