DIGI RESULTS6 Jul 2009 10:36
Now thats what we need a set of results so positive as to make a difference. GLA
Digital Marketing Group plc
Preliminary Results 2009
Digital Marketing Group plc (AIM: DIGI), the UK's largest digital marketing specialists, today announced its preliminary results for the year ended 31 March 2009.
Performance Highlights
Revenues £56.65m +11% yr/yr (2008: £50.97m)
Gross Profit £41.55m +26% yr/yr (2008: £33.08m)
EBITDA £9.29m (before charges for share options) +25% (2008: £7.43m)
Profit before tax before charges for share options and amortisation £8.01m +27% yr/yr (2008: £6.31m)
Profit before tax £3.11m +45% yr/yr (2008:£2.15m)
Adjusted basic EPS (profit after tax, before amortisation and charges for share options) 8.76p +20% growth year on year (2008: 7.30p)
Basic EPS 2.15p (2008: 1.79p)
Group cross referrals generated £3.9m GP (9% of total GP)
Net cashflow generated from operations £5.7m
Year end net debt £5.9m
Operational Highlights
Completion of acquisition of Cybercom Group UK Ltd, Gasbox Ltd and Prodant Ltd in October 2008
Recognised as the UKs biggest digital marketing agency by Campaign Magazine in January 2009
Commenting on the results, Stephen Davidson, Chairman of Digital Marketing Group plc, said: "In an extremely difficult economic environment I am proud to be able to report an excellent set of results.