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
21st Mar 20183:00 pmRNSDividend Declaration
21st Mar 20187:00 amRNSFinal Results
1st Mar 20187:00 amRNSTotal Voting Rights
27th Feb 20187:00 amRNSDirectorate Change
19th Feb 20187:00 amRNSIssue of Shares
13th Feb 20182:00 pmRNSDirector/PDMR dealing and grant of options
13th Feb 20187:00 amRNS£26m disposal and pre-close trading statement
2nd Jan 20184:45 pmRNSTotal Voting Rights
19th Dec 20177:00 amRNSDirectorate Change
28th Nov 201710:15 amRNSHolding(s) in Company
17th Nov 201712:01 pmRNSIssue of Shares
8th Nov 20173:00 pmRNSIssue of Shares
26th Sep 20177:00 amRNSInterim Results
19th Sep 20175:50 pmRNSHolding(s) in Company
31st Aug 20172:45 pmRNSTotal Voting Rights
24th Aug 20177:00 amRNSIssue of Shares
21st Aug 20177:00 amRNSIssue of Shares
17th Aug 20178:52 amRNSIssue of Shares
8th Aug 20177:00 amRNSExercise of Share Options and dealing by PDMR
3rd Aug 20177:00 amRNSInterim trading statement
11th Jul 20177:00 amRNSEbiquity Launches Total View Attribution service
4th Jul 20177:00 amRNSEbiquity Launches Media Transparency Score tool
31st May 20171:00 pmRNSTotal Voting Rights
11th May 20175:05 pmRNSExercise of Share Options
10th May 201711:16 amRNSResult of AGM
2nd May 201711:05 amRNSDirector/PDMR Shareholding
21st Apr 20173:00 pmRNSAwards extension
20th Apr 20177:00 amRNSEbiquity launches 'Portfolio Digital' in the UK
18th Apr 201710:05 amRNSAnnual Report
29th Mar 201711:02 amRNSDividend Declaration
28th Mar 20177:00 amRNSFinal Results
10th Mar 20173:30 pmRNSHolding(s) in Company
26th Jan 20177:00 amRNSPre-close trading statement
2nd Dec 201612:15 pmRNSDeferred Consideration/Issue of Ordinary Shares
11th Nov 20162:48 pmRNSHolding(s) in Company
14th Oct 201612:30 pmRNSRe Directorate
6th Oct 20167:00 amRNSLaunch of Strategic Media Consultancy service
28th Sep 20167:00 amRNSInterim Results
9th Sep 20167:00 amRNSAppointment of CFO and Director
6th Sep 20167:00 amRNSLaunch of new Advertising Intelligence platform
27th Jul 20167:00 amRNSTrading Statement
19th Jul 20167:30 amRNSGuidelines for achieving media transparency
19th Jul 20167:00 amRNSRe: Directorate
12th Jul 201611:45 amRNSTR-1: Notification of Major Interest in Shares
22nd Jun 201611:05 amRNSTR1
9th Jun 20161:50 pmRNSCapital Reduction effective
8th Jun 201611:40 amRNSCourt confirmation of Capital Reduction
3rd Jun 20163:50 pmRNSDirector dealing
20th May 20167:00 amRNSHolding(s) in Company
19th May 20162:25 pmRNSHolding(s) in Company

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.