Last checked at Today 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:
24.50
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24.00
Ask:
25.00
Change:
1.00 (4.26%)
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1.00 (4.167%)
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Don't have an account? Click here to register.Ebiquity warns of flat profits
Tue, 12th Feb 2019 08:59
(Sharecast News) - Marketing and media firm Ebiquity expects profitability to remain unchanged in its current trading year as it fulfils contractual obligations related to the sale of its advertising intelligence unit to Nielsen.Ebiquity revealed on Tuesday that, following the disposal of its intelligence business, it was switching its focus to capitalise on "significant market opportunities".The AIM-listed outfit said its management team would continue to concentrate on delivering scale benefits and operational alignment across the "more focussed business" but warned that, in the short-term, its cost base would continue to reflect the "need to fulfil contractual obligations to provide support services to Nielsen in relation to the disposed business".Therefore, Ebiquity warned profitability for its continuing consultancy businesses would remain at a "similar level to the year just ended".Trading in the calendar year was said to have been in line with its expectations, with net debt down 28.5% to £20m.Chief executive Michael Karg said: "The group's management team is now focussed on seizing the significant market opportunities as well as on aligning our business following the divestiture.""We look forward to continuing to drive growth globally in our core consulting business in media, analytics and tech."As of 0900 GMT, Ebiquity shares had tumbled 9.84% to 55p.
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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.
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.
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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.
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