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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
 
 
TSTGMGGRMZFGNZZ
Date   Source Headline
14th Jan 20149:02 amRNSForm 8.5 (EPT/RI)
8th Jan 20148:30 amRNSNotice of Interim Results
7th Jan 20148:53 amRNSForm 8.5 (EPT/RI)
2nd Jan 20148:45 amRNSForm 8.5 (EPT/RI)
19th Dec 20138:56 amRNSForm 8.5 (EPT/RI)
10th Dec 20138:45 amRNSForm 8.5 (EPT/RI)
5th Dec 20139:07 amRNSForm 8.5 (EPT/RI)
4th Dec 20139:04 amRNSForm 8.5 (EPT/RI)
29th Nov 20138:45 amRNSForm 8.5 (EPT/RI)
26th Nov 20139:15 amRNSForm 8.5 (EPT/RI)
25th Nov 20139:03 amRNSForm 8.5 (EPT/RI)
8th Nov 20134:30 pmRNSRule 2.10 Announcement
8th Nov 20139:03 amRNSForm 8.5 (EPT/RI)
5th Nov 20132:46 pmRNSRule 2.10 Announcement
4th Nov 20132:52 pmRNSForm 8.3 - Ebiquity PLC
31st Oct 20131:52 pmRNSAnnual Report
31st Oct 20138:46 amRNSForm 8.5 (EPT/RI)
30th Oct 20138:55 amRNSForm 8.5 (EPT/RI)
25th Oct 20139:58 amRNSForm 8.5 (EPT/RI)
11th Oct 20138:54 amRNSForm 8.5 (EPT/RI)
7th Oct 20138:41 amRNSForm 8.5 (EPT/RI)
4th Oct 20138:53 amRNSForm 8.5 (EPT/RI)
1st Oct 20139:29 amRNSForm 8.5 (EPT/RI)
30th Sep 20133:23 pmRNSRule 2.10 Announcement
30th Sep 20132:47 pmRNSForm 8.3 - Ebiquity Plc - Replacement
30th Sep 20138:52 amRNSForm 8.5 (EPT/RI)
27th Sep 20139:12 amRNSForm 8.5 (EPT/RI)
26th Sep 201312:32 pmRNSHolding(s) in Company
26th Sep 201311:30 amRNSRule 2.10 Announcement
26th Sep 201311:23 amRNSForm 8.3 - Ebiquity Plc
26th Sep 20138:46 amRNSForm 8.5 (EPT/RI)
24th Sep 20133:22 pmRNSForm 8.3 - Ebiquity Plc
24th Sep 201311:47 amRNSForm 8.5 (EPT/RI)
24th Sep 201310:08 amRNSForm 8.3 - Ebiquity Plc
23rd Sep 20132:59 pmRNSForm 8.3 - Ebiquity Plc
23rd Sep 201310:50 amRNSForm 8.3 - Ebiquity Plc
23rd Sep 20139:17 amRNSForm 8.5 (EPT/RI)
20th Sep 20138:47 amRNSForm 8.5 (EPT/RI)
17th Sep 201310:59 amRNSForm 8.3 - Ebiquity plc
17th Sep 20138:49 amRNSForm 8.5 (EPT/RI)
13th Sep 201310:48 amRNSForm 8.3 - Ebiquity Plc
13th Sep 20138:56 amRNSForm 8.5 (EPT/RI)
12th Sep 201312:19 pmRNSExercise of Share Options
12th Sep 201310:23 amRNSForm 8.3 - Ebiquity Plc
12th Sep 20139:13 amRNSForm 8.5 (EPT/RI)
11th Sep 20132:56 pmRNSExercise of Share Options
11th Sep 20139:08 amRNSForm 8.3 - Ebiquity Plc
11th Sep 20138:52 amRNSForm 8.5 (EPT/RI)
10th Sep 20139:31 amRNSForm 8.3 - Ebiquity Plc
10th Sep 20138:41 amRNSForm 8.5 (EPT/RI)

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