Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSystem1 Group Regulatory News (SYS1)

Share Price Information for System1 Group (SYS1)

Share Price is delayed by 15 minutes
Get Live Data
335.00    0.00 (0.00%)
Bid:
320.00
Ask:
350.00
Spread: 30.00 (9.375%)
Market Cap: £41.24m
SYS1 Live PriceLast checked at - London Stock Exchange

Intraday System1 Group Share Chart

Trading Update

16 Jul 2014 07:00

RNS Number : 3912M
BrainJuicer Group PLC
16 July 2014
 

 

 

 

 

Press Release 16 July 2014

 

 

BrainJuicer Group PLC

 ("BrainJuicer", the "Company", and the "Group")

 

Pre close trading update

 

BrainJuicer (AIM: BJU), the international online market research agency, today releases the following half-year ("H1") update on trading. The Company will announce its results for the 6 months to 30 June 2014 on 19 September 2014.

 

Overall the Company grew revenue by some 4% over the same period in the previous year (10% in constant currency terms). Sales were marginally down in the UK and US versus strong comparable periods, but increased in all of our other regions. Sales of BrainJuicer's unique "Juicy" products have continued to grow, and represented 81% of our business in H1, compared to 74% in 2013 as a whole.

 

As noted in our AGM Statement in May, we have been expanding some of our client account management teams over recent months as we prepare for future growth. So far, the incremental costs of this have been largely offset by savings achieved elsewhere in the business, and H1 overheads were very similar to those in H1 2013.

 

The fall in the BrainJuicer share price since the AGM meant that the much increased share based payment charge indicated in our AGM statement did not materialise in H1. The charge for H1 2014 will be some £213,000, compared with £96,000 in H1 last year. The charge for the full year will be influenced by the share price during the remainder of the financial year.

 

BrainJuicer's financial position and cash generation remain strong. At the end of June, the Company had a cash balance of £2.5m (December 2013: £6.2m), after having returned £1.9m to shareholders by way of ordinary and special dividends (totaling 15.0p per share) and a further £1.5m by way of share buy-backs and cash settlements of the Group's management equity incentive plan.

 

As ever, revenue visibility is limited as we move into the second half of the year, which is traditionally when the bulk of our profit is generated. Subject to this caveat, the Board considers that the Company is in a position to meet market profit expectations for the full year to December 2014.

 

The Company can be found at www.brainjuicer.com.

 

- Ends -

 

 

 

For further information, please contact:

BrainJuicer Group PLC

John Kearon, Chief Executive Officer Tel: +44 (0)20 7043 1000

James Geddes, Chief Financial Officer www.brainjuicer.com

Canaccord Genuity Limited

Simon Bridges / Henry Fitzgerald-O'Connor Tel: +44 (0)20 7523 8000

www.canaccordgenuity.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUVVORSNABAAR
Date   Source Headline
11th Apr 20145:22 pmRNSTransaction in Own Shares
10th Apr 20145:01 pmRNSTransaction in Own Shares
9th Apr 20145:00 pmRNSAnnual Report and Notice of AGM
7th Apr 20145:09 pmRNSTransaction in Own Shares
4th Apr 20145:19 pmRNSTransaction in Own Shares
27th Mar 20147:00 amRNSTransaction in Own Shares
21st Mar 20147:00 amRNSDividend Declaration
21st Mar 20147:00 amRNSResults for the 12 Months ended 31 Dec 2013
29th Jan 201411:18 amRNSAdditional Listing
20th Jan 20144:44 pmRNSTransaction in Own Shares
17th Jan 20147:00 amRNSTrading Update
18th Nov 20131:33 pmRNSTransaction in Own Shares
25th Oct 20134:35 pmRNSTransaction in Own Shares
9th Oct 201312:18 pmRNSHolding(s) in Company
20th Sep 20137:00 amRNSDividend Declaration
20th Sep 20137:00 amRNSHalf Yearly Report
11th Sep 20139:51 amRNSHolding(s) in Company
7th Aug 20133:30 pmRNSHolding(s) in Company
12th Jul 201311:23 amRNSTransaction in Own Shares
11th Jul 20137:00 amRNSTrading Update
22nd May 201311:05 amRNSResult of AGM
3rd May 20132:52 pmRNSTransaction in Own Shares
16th Apr 20131:53 pmRNSNotice of AGM
15th Apr 20133:58 pmRNSAnnual Financial Report
21st Mar 20137:01 amRNSDividend Declaration
21st Mar 20137:00 amRNSResults for the 12 Months ended 31 Dec 2012
18th Jan 20133:59 pmRNSTransaction in Own Shares
17th Jan 201310:43 amRNSTrading Update
24th Dec 201211:52 amRNSTransaction in Own Shares
20th Nov 20127:00 amRNSTrading Update
26th Oct 201211:15 amRNSTransaction in Own Shares
18th Oct 20125:39 pmRNSHolding(s) in Company
15th Oct 20125:40 pmRNSTransaction in Own Shares
2nd Oct 20127:00 amRNSDirectorate Change
27th Sep 20128:02 amRNSDirector Dealing
25th Sep 20127:00 amRNSTransaction in Own Shares
20th Sep 20127:00 amRNSHalf Yearly Report
27th Jul 20128:58 amRNSUpdate of adviser details
19th Jul 20121:05 pmRNSTransaction in Own Shares
19th Jul 20127:00 amRNSTrading Statement
13th Jul 20127:00 amRNSAwards under Value Creation Plan
12th Jul 20127:38 amRNSDirector/PDMR Shareholding
6th Jul 20125:49 pmRNSTransaction in Own Shares
27th Jun 20126:06 pmRNSTransaction in Own Shares
29th May 20126:15 pmRNSTransaction in Own Shares
29th May 20124:54 pmRNSDirector dealing & appointment
23rd May 20124:23 pmRNSResult of AGM
23rd Apr 20127:00 amRNSDirector Dealing
17th Apr 20126:32 pmRNSTransaction in Own Shares
12th Apr 20125:04 pmRNSTransaction in own Shares

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.