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YouGov interim trading to be in line with expectations

Fri, 31st Jan 2020 09:31

(Sharecast News) - Research and data analytics group YouGov said half-year trading would be in line with expectations and the company remained confident of achieving full-year targets.
YouGov said on Friday that revenue growth during the period was primarily driven by data products, with the US and UK markets performing "particularly well".

The AIM-listed firm highlighted that good margins were maintained within its custom research division, while the group also continued to focus on investment in technology, platforms, support functions and key markets in order to support scaling.

YouGov added that its recent acquisition of SMG Insight, now YouGov Sport, delivered "strong results ahead of plan".

YouGov said: "The board remains confident of achieving its full-year targets in line with the second five-year growth plan."

As of 0930 GMT, YouGov shares were up 0.62% at 648p.

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