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Pin to quick picksEbiquity Regulatory News (EBQ)

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10.75    0.00 (0.00%)
Bid:
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Spread: 0.50 (4.762%)
Market Cap: £14.94m
EBQ Live PriceLast checked at - London Stock Exchange

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Interim trading statement

3 Aug 2017 07:00

RNS Number : 9666M
Ebiquity PLC
03 August 2017
 

Ebiquity Plc

("the Company")

 

 

Interim trading statement

 

 

Ebiquity plc, the leading independent marketing analytics specialists, today announces its trading statement for the 6 months ended 30 June 2017 ("the period").

 

Ebiquity's total revenues have grown by 5% over the period, with operating profit and earnings anticipated to be in line with market expectations.

 

During the period we continued to deliver against the milestones set out within our Growth Acceleration Plan. As planned, we organically expanded our Marketing Effectiveness practice into Europe and Asian markets, recruited dedicated business development staff in selected markets, and invested into internal support functions.

 

Additionally we launched the Ebiquity "Media Transparency Score" to help advertisers understand how well their business operations perform in achieving the level of media transparency they desire from their marketing activities, and "Total View Attribution" which enables clients to improve the return on investment of their media, by enabling them to understand which media channels and campaigns (both online and offline in combination) are the most effective and warrant increased investment.

 

Revenues from the Media Value Measurement ("MVM") practice achieved high single digit growth, benefitting from strong performance from our Contract Compliance business as clients are more focused on achieving media transparency. However, the performance of our US MVM business was softer than anticipated during the period, due to a lower rate of client renewals. We are in the process of strengthening our US team in response to these changing client demands.

 

The Market Intelligence ("MI") practice revenues from our platform business (Portfolio), which accounts for over 90% of MI revenue, increased over the period. We launched our Portfolio Digital service in Asia Pacific and Europe, which combined with high renewal rates, has driven a return to revenue growth. As expected, revenue from our project based reputation business declined in the first half.

 

Within the Marketing Performance Optimization ("MPO") practice our Marketing Effectiveness revenues continued to grow, most notably from our UK business. Additionally, during the first half of the year in line with our Growth Acceleration Plan we recruited Marketing Effectiveness practice leaders in Germany, France and Singapore. Performance from our US based Multi-Channel Analytics practice fell behind expectations due to organisational changes at some of our largest clients.

 

Whilst the first half of the year has been softer in the US, we anticipate stronger performance from the US MPO and MVM in the second half of the year and we are pleased that the MI practice has returned to growth following high renewal rates and new product launches. Management anticipate that full year trading will be broadly in line with market expectations.

 

The Company will release its interim report for the 6 months ended 30 June 2017 on 26 September 2017.

3 August 2017

Enquiries:

 

Ebiquity plc

Michael Karg (CEO)

Andrew Noble (CFO)

 

020 7650 9600

 

Instinctif Partners

Matthew Smallwood

Guy Scarborough

020 7457 2020

 

Numis Securities Limited

Nick Westlake (NOMAD)

Toby Adcock (Corporate Broker)

 

020 7260 1000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
9th Sep 20138:54 amRNSForm 8.5 (EPT/RI)
5th Sep 201310:46 amRNSForm 8.3 -Ebiquity Plc
5th Sep 20138:43 amRNSForm 8.5 (EPT/RI)
4th Sep 20132:31 pmRNSResult of AGM
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4th Sep 20138:33 amRNSForm 8.5 (EPT/RI)
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30th Aug 201310:14 amRNSForm 8.3 - Ebiquity plc
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27th Aug 201310:30 amRNSForm 8.3 - Ebiquity Plc
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23rd Aug 20138:27 amRNSForm 8.5 (EPT/RI)
22nd Aug 20134:25 pmRNSExercise of Share Options
21st Aug 201310:21 amRNSForm 8.3 - Ebiquity Plc
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16th Aug 201310:16 amRNSForm 8.3 - Ebiquity PLC
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16th Aug 20138:18 amRNSForm 8.3 - Ebiquity plc
15th Aug 20132:10 pmRNSStatement re review of strategic options
24th Jul 20137:00 amRNSFinal Results
5th Jul 20137:00 amRNSNotice of Final Results
29th Apr 20137:00 amRNSExercise of Share Options
12th Apr 20134:02 pmRNSExercise of Share Options
27th Mar 20133:30 pmRNSExercise of Share Options
1st Feb 201312:30 pmRNSIssue of Equity
18th Jan 20133:47 pmRNSExercise of Share Options
16th Jan 20137:00 amRNSInterim Results
8th Jan 20132:38 pmRNSHolding(s) in Company
20th Dec 20128:00 amRNSNotice of Interim Results
15th Nov 20124:00 pmRNSExercise of Share Options
4th Oct 20124:30 pmRNSDirector dealing
3rd Oct 20124:12 pmRNSHolding(s) in Company
28th Sep 20123:33 pmRNSDirector/PDMR Shareholding
26th Sep 20122:58 pmRNSExercise of Share Options
18th Sep 20123:00 pmRNSExercise of Share Options & Director Dealings
13th Sep 20121:30 pmRNSExercise of Share Options
13th Sep 201211:58 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
12th Sep 20123:25 pmRNSDirector Shareholding
10th Sep 20123:53 pmRNSExercise of Share Options
5th Sep 201212:38 pmRNSAGM resolutions passed
30th Aug 20122:30 pmRNSExercise of Share Options
14th Aug 201212:30 pmRNSReport and Accounts
3rd Aug 20127:00 amRNSAcquisition
18th Jul 20127:00 amRNSFinal Results

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