SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEbiquity Regulatory News (EBQ)

Share Price Information for Ebiquity (EBQ)

Share Price is delayed by 15 minutes
Get Live Data
10.75    0.00 (0.00%)
Bid:
10.50
Ask:
11.00
Spread: 0.50 (4.762%)
Market Cap: £14.94m
EBQ Live PriceLast checked at - London Stock Exchange

Intraday Ebiquity Share Chart

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
22nd Sep 20227:00 amRNSInterim Results
15th Sep 20229:03 amRNSNotice of Investor Presentation
1st Aug 202210:56 amRNSIssue of Shares and TVR
25th Jul 20227:00 amRNSTrading Update
12th Jul 20225:25 pmRNSStandard form for notification of major holdings
30th Jun 20227:00 amRNSIssue of Shares and TVR
24th May 20222:11 pmRNSIssue of Shares and TVR
19th May 202211:15 amRNSResult of AGM
25th Apr 202211:38 amRNSNotification of major holdings
22nd Apr 20224:05 pmRNSANNUAL REPORT AND ANNUAL GENERAL MEETING
22nd Apr 202210:56 amRNSNotification of major holdings
22nd Apr 202210:51 amRNSNotification of major holdings
20th Apr 20225:47 pmRNSDirector/PDMR Shareholding
20th Apr 20224:56 pmRNSIssue of Shares and TVR
20th Apr 20228:05 amRNSCompletion of MediaPath Acquisition and TVR
19th Apr 202211:03 amRNSResult of General Meeting
5th Apr 20225:01 pmRNSStandard form for notification of major holdings
4th Apr 20228:06 amRNSCompletion of Acquisition and TVR
31st Mar 20227:00 amRNSPosting of Shareholder Circular and Notice of GM
30th Mar 20222:40 pmRNSResults of Placing
30th Mar 20227:02 amRNSProposed Acquisition of MediaPath and Placing
30th Mar 20227:01 amRNSFinal Results for the year ended 31 December 2021
30th Mar 20227:00 amRNSProposed Acquisition of Media Management, LLC.
25th Mar 202210:45 amRNSInvestor Presentation
17th Mar 20227:00 amRNSNotice of Results update
22nd Feb 20228:36 amRNSHolding(s) in Company
10th Feb 202211:50 amRNSIssue of Shares and TVR
2nd Feb 20223:55 pmRNSHolding(s) in Company
31st Jan 20222:00 pmRNSIssue of Shares and TVR
31st Jan 20227:00 amRNSTrading Update and Acquisition
25th Jan 20222:00 pmRNSHolding(s) in Company
11th Jan 20224:50 pmRNSHolding(s) in Company
25th Nov 202110:00 amRNSHolding(s) in Company
16th Nov 20214:35 pmRNSHolding(s) in Company
11th Nov 20211:30 pmRNSIssue of Shares and TVR
26th Oct 202110:05 amRNSHolding(s) in Company
13th Oct 20217:00 amRNSNew office launch in India
8th Oct 20219:40 amRNSIssue of Shares
24th Sep 20215:55 pmRNSInterim Results - Replacement
23rd Sep 20217:00 amRNSInterim Results
1st Sep 202111:45 amRNSHolding(s) in Company
29th Jul 202111:30 amRNSIssue of Shares
13th Jul 20217:00 amRNSTrading update
28th May 202111:20 amRNSResult of AGM
24th May 202112:20 pmRNSHolding(s) in Company
30th Apr 20213:00 pmRNSDirectors’ Dealing
26th Apr 20217:00 amRNSAppointment of Non-Executive Director
21st Apr 20213:35 pmRNSAnnual Report and Accounts, Notice of AGM
6th Apr 202111:15 amRNSNotification of Transaction of Director
26th Mar 20214:20 pmRNSDirector/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.