We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEbiquity Regulatory News (EBQ)

Share Price Information for Ebiquity (EBQ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 39.00
Bid: 38.00
Ask: 40.00
Change: 0.00 (0.00%)
Spread: 2.00 (5.263%)
Open: 39.00
High: 39.00
Low: 39.00
Prev. Close: 39.00
EBQ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Pre-close trading statement

26 Jan 2017 07:00

RNS Number : 1425V
Ebiquity PLC
26 January 2017
 

Ebiquity Plc

("the Company")

 

 

Pre-close trading statement

 

 

Ebiquity plc, the leading independent marketing analytics specialists, today announces its pre-close trading statement for the year ended 31 December 2016 ("the year").

 

Ebiquity has continued to grow revenue with an increase in total unaudited revenues of 9%. Group margins are broadly in line with those achieved in 2015, with anticipated mid-single digit growth in operating profit and earnings. Ebiquity continued to benefit from the weakness of sterling, particularly in the second half of the year, with two-thirds of revenue denominated in non-sterling currency. FX revenue gains across the year amounted to £4.5m.

 

The Company remains on track with the milestones outlined in our Growth Acceleration Plan, including the roll out of our effectiveness services to Asia Pacific and the continued development of our digital products and services.

 

The Marketing Performance Optimization ("MPO") practice continues to be a rapidly growing part of our business and performed in line with management expectations. We outlined in our growth acceleration plan our intention to expand our Marketing Effectiveness offering to Asia Pacific, and we were pleased to see that in the second half of the year we commenced our first contract in Australia.

 

The Media Value Measurement ("MVM") practice, outside of our contract compliance business, has grown strongly across all regions in line with management expectations. However, in our contract compliance business (which represents a minority of MVM revenues) we have experienced a slow-down in revenue due to clients taking more time to act on the findings of the US Association of National Advertisers' ("ANA") Media Transparency reports. We continue to view the ANA Report and its findings as a long term growth driver for the MVM practice.

 

Within the Market Intelligence ("MI") practice revenues from our platform business (Portfolio), which accounts for over 90% of MI revenue, stabilised year on year outside the US where revenue reflected pressure on client budgets. Our new Ebiquity Portfolio platform was launched in September and has now been successfully rolled out to most clients globally. Additionally, we launched our market leading Portfolio Digital service in Asia Pacific which will roll out across Europe and North America in the coming weeks. Portfolio Digital distinguishes between direct and programmatically bought adverts on desktop and mobile, captures HTML5, rich media, embedded video, and tracks behaviourally targeted adverts.

 

The start to 2017 has seen a noticeable pick up in new business activity and consequently the Company has better revenue visibility as compared with the prior year. This provides management with early confidence in achieving its operational and financial objectives for 2017.

 

In light of the continuing revenue growth, cash generation and the visibility into 2017, the Board anticipates the continuation of our progressive dividend policy.

 

The Company will release its preliminary results for the year ended 31 December 2016 on 28 March 2017.

26 January 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
 
 
TSTEAXFSASKXEFF
Date   Source Headline
19th Jan 20117:00 amRNSInterim Results
14th Dec 20107:00 amRNSTrading Update
6th Dec 20104:01 pmRNSNon Exec Director Declaration
14th Sep 20107:00 amRNSExercise of options
10th Sep 201011:08 amRNSResult of AGM
18th Aug 201011:06 amRNSReport and Accounts
30th Jul 20107:00 amRNSDirector Dealings
23rd Jul 20107:00 amRNSPreliminary Results
7th Jul 201011:00 amRNSNotice of Preliminary Results
29th Jun 201011:36 amRNSTR-1:Notification of major interest in shares
23rd Jun 201011:10 amRNSEbiquity Acquires Media Advisor
13th May 20107:00 amRNSDirector/PDMR Shareholding
14th Apr 20109:00 amRNSHolding(s) in Company
14th Apr 20109:00 amRNSDirector/PDMR Shareholding
14th Apr 20107:00 amRNSCompletion of the Acquisitions
12th Apr 20103:08 pmRNSResult of EGM
8th Apr 20107:00 amRNSAcquisition
26th Mar 20101:10 pmRNSPDMR
26th Mar 201010:00 amRNSAcquisitions
19th Jan 20104:39 pmRNSHolding(s) in Company
13th Jan 20107:00 amRNSInterim Results
9th Dec 20099:00 amRNSNotice of Interim Results
14th Sep 200910:38 amRNSResult of AGM
24th Jul 20092:24 pmRNSDirector Dealings
22nd Jul 20097:00 amRNSFinal Results
22nd May 20093:42 pmRNSDirector/PDMR Shareholding
22nd May 20098:53 amRNSNotice of Results
1st Apr 20097:00 amRNSChange of Adviser
28th Jan 20097:00 amRNSInterim Results
16th Jan 20097:00 amRNSNotice of Interim Results
26th Nov 20088:58 amRNSNotifiable Interest
14th Nov 20082:56 pmRNSChange of Nomad
31st Oct 20087:00 amRNSDirectorate Change
30th Oct 20087:00 amRNSGerman Expansion
27th Oct 20081:46 pmRNSAcquisition
14th Oct 20081:21 pmRNSDirector/PDMR Shareholding
8th Oct 20089:06 amRNSChange of Adviser Name
8th Sep 20083:00 pmRNSResult of AGM
8th Sep 20087:00 amRNSAGM Statement
29th Aug 200810:23 amRNSTotal Voting Rights
7th Aug 20081:33 pmRNSHolding(s) in Company
7th Aug 20087:00 amRNSChange of Name to Ebiquity
28th Jul 20082:05 pmRNSHolding(s) in Company
23rd Jul 20087:00 amRNSFinal Results
11th Jun 20084:00 pmRNSHolding(s) in Company
3rd Jun 20087:00 amRNSTrading Statement
7th May 20084:10 pmRNSHolding(s) in Company
25th Apr 20087:00 amRNSStrategy update
24th Apr 20087:01 amRNSBoard appointment
3rd Apr 20088:41 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.