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23 Jun 2022 07:00
Next Fifteen Communications Group plc (“Next 15” or “the Company”)
AGM trading update and Board appointment
Trading remains strong and ahead of management expectations
As stated in Next 15's announcements on 20 May 2022, 6 June 2022 and 17 June 2022, the revenue growth of Next 15 has continued to be strong, helped further by the strength of the US dollar. For the three-month period to 30 April 2022, total revenues increased by approximately 68 per cent. compared with the same period last year, to £130 million, with organic revenue growth of approximately 37 per cent. Trading continued to be strong throughout May 2022 and adjusted profit before tax remains ahead of management expectations.
Next 15 is also pleased to announce that Paul E. Butler has been appointed as a Non-Executive Director with immediate effect. Paul’s appointment adds further US experience and complementary skills to the Board. Paul is an expert in business development, strategy, and operations, with more than 20 years of experience in the media, entertainment, and consulting industries. He is currently President & Chief Transformation Officer at New America, a U.S.-based think tank founded in 1999. Before this, he was Chief Operating Officer at sparks & honey, the Omnicom-owned cultural intelligence consultancy.
Commenting on Paul’s appointment, Penny Ladkin-Brand, Chairman said: “Paul is a great addition to our Board, adding complementary experience in consultancy and transformation which is highly relevant as we continue to utilise technology and data as a growth consultancy. In addition to the recent appointment of Dianna Jones to the Board, Paul also brings knowledge and understanding of the U.S. market, which remains a key market for us.”
Further regulatory disclosures:
Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:
Paul Ernest Butler, age 53, is, or has been, a director or partner of the following companies or partnerships during the previous five years:
Current
The Brotherhood Sister Sol
The New Pride Agenda Inc.
Enquiries:
Next Fifteen |
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Tim Dyson (Chief Executive Officer) | +1 415 350 2801 |
Peter Harris (Chief Financial Officer) | +44 20 7908 6444 |
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Numis (Broker and NOMAD to Next Fifteen) | +44 20 7260 1000 |
Mark Lander |
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Hugo Rubinstein |
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Berenberg (Broker to Next Fifteen) | +44 20 3207 7800 |
Ben Wright |
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Mark Whitmore |
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Richard Andrews |
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MHP (PR adviser to Next Fifteen) | +44 20 3128 8100 |
Peter Hewer | next15@mhpc.com |
Eleni Menikou Robert Collett-Creedy |
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220622006029/en/
Copyright Business Wire 2022
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