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Pin to quick picksEbiquity Regulatory News (EBQ)

Share Price Information for Ebiquity (EBQ)

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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
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
20th Aug 20138:39 amRNSForm 8.5 (EPT/RI)
20th Aug 20137:00 amRNSAcquisition and Debt Facility
19th Aug 201312:25 pmRNSForm 8.3 - Ebiquity Plc
16th Aug 20133:04 pmRNSForm 8.3 - Ebiquity PLC
16th Aug 201312:37 pmBUSForm 8.3 - Ebiquity Plc
16th Aug 201310:16 amRNSForm 8.3 - Ebiquity PLC
16th Aug 201310:02 amRNSForm 8.3 - Ebiquity Plc
16th Aug 20139:32 amRNSForm 8.5 (EPT/RI)
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
4th Jul 201211:00 amRNSNotice of Final Results
1st Jun 20124:30 pmRNSIssued share capital
31st May 20122:45 pmRNSHolding(s) in Company
25th May 201210:00 amRNSExercise of Share Options
14th May 20124:00 pmRNSDirector/PDMR Shareholding
12th Mar 20123:00 pmRNSAcquisition
25th Jan 20127:00 amRNSInterim Results
5th Jan 20123:00 pmRNSNotice of Interim Results
14th Oct 20117:00 amRNSAcquisition
5th Sep 20113:00 pmRNSAGM resolutions passed
27th Jun 201112:17 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
20th May 20117:00 amRNSAcquisition and Placing

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