YouGov PLC - London-based research and data analytics group - Says it will present its third long-term strategic growth plan at a capital markets day on Wednesday afternoon. The company will reveal its plan for medium-term revenue at GBP 500 million and a medium-term adjusted operating profit margin of 25%. The plan will be underpinned by three key growth areas: deepening client relations and market penetration, driving greater usage of the new YouGov platform, and targeting greenfield opportunities.
Adds that it continues to see potential to grow its existing business lines through several levers for both new and existing clients.
Chief Executive Officer Stephan Shakespeare says: "I am confident that we remain on the right track to realising the full long-term potential of the business."
Current stock price: 887.00 pence each, up 5.6% in London on Wednesday morning.
12-month change: down 19%
By Will Neill, Alliance News reporter
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YouGov (YOU)