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Pin to quick picksEbiquity Share News (EBQ)

Share Price Information for Ebiquity (EBQ)

London Stock Exchange
Share Price is delayed by 15 minutes
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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
Low: 24.50
Prev. Close: 23.50
EBQ Live PriceLast checked at -

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Ebiquity dives after profit warning

Thu, 22nd Nov 2018 11:12

(Sharecast News) - Marketing group Ebiquity dropped sharply on Thursday after warning investors that its annual operating profit will come in "materially below" current market expectations.The independent marketing and media consultancy outfit said this comes as a result of a slowdown in growth from its Advertising Intelligence business, continued underperformance of the US Digital Analytics practice and delays in closing recent Media practice opportunities in Germany.However, following approval from the CMA for the sale of Advertising Intelligence to Nielsen Media Research, Ebiquity's net debt position will be materially improved following the receipt of proceeds now anticipated to be around the end of the year.The AIM traded company said disposal of the underperforming business unit would "simplify" the group and allow for focus on core activities.The core media, analytics and tech practices yielded overall revenue growth in line with expectations at approximately 8% following a strong performance in the UK & Ireland and French markets.New business wins in the second half of the year include a multi-year assignment from VW and a global analytics partnership with Nestle, though continued investment in the core business has further hampered profits in the short term.Analysts from Shore Capital said: "Trading update highlights continued weakness in the business to be exited, and despite good underlying growth in the continuing core businesses, investment implies near term profit pressure. We see the business as better focused post Ad Intelligence exit and while we expect share price pressure today, we see good value here."Ebiquity's shares were down 19.70% at 53.00p at 0946 GMT.
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Ebiquity says "2024 not year we had envisioned" but 2025 starts well

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20 Nov 2024 12:49

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26 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:

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19 Sep 2024 14:33

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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.

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22 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.

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5 Aug 2024 19:40

IN BRIEF: Ebiquity Chief Financial Officer Julia Hubbard steps down

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UK shareholder meetings calendar - next 7 days

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