YouGov PLC - London-based market research and data analytics group - Pretax profit in year ended July 31 grows to GBP18.9 million from GBP15.2 million. Revenue rises 11% to GBP169.0 million from GBP152.4 million. Data Products revenue up 13, with Data Services up 20% and Custom Research up 2%. Proposes annual dividend of 6.0 pence, up from 5.0p the year before.
"We are pleased to end this financial year in line with our expectations, demonstrating sustained growth despite the continuing disruption caused by the pandemic. This is testament to the resilience of our business model, the hard work of our people and heightened demand for YouGov's tailored solutions, providing valuable opinions and consumer insights to help our clients make informed decisions," Chief Executive Stephan Shakespeare says.
He continues: "YouGov also continues to demonstrate momentum on the stated strategy as we enter the third year of our second long-term strategic growth plan. We believe that the investments we made in the first half of our plan have placed us in a strong position for the final two years."
Says start to new financial year "encouraging," noting "healthy" sales pipeline and continued strong momentum.
Current stock price: 1,320.00 pence, up 2.9% on Tuesday
Year-to-date change: up 26%
By Paul McGowan; paulmcgowan@alliancenews.com
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YouGov (YOU)