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
329.00    0.00 (0.00%)
Bid:
322.00
Ask:
336.00
Spread: 14.00 (4.348%)
Market Cap: £41.75m
SYS1 Live PriceLast checked at - London Stock Exchange

Intraday System1 Group Share Chart

Trading Update

17 Jan 2014 07:00

RNS Number : 8726X
BrainJuicer Group PLC
17 January 2014
 

 

 

 

Press Release 17 January 2014

 

 

BrainJuicer Group PLC

 ("BrainJuicer" and the "Company")

 

Trading update

 

Innovative, international online market researcher BrainJuicer Group PLC (AIM: BJU) today releases the following update on trading during its financial year ended 31 December 2013. The Company will announce its final results on 21 March 2014.

 

Revenue for the year increased by 17% to over £24m, reflecting continued encouraging trading over the second half of the year. Our core UK and US businesses both performed well, and all of our operations, with the exception of Germany, delivered increased revenue. The results were bolstered by an excellent fourth quarter, historically a strong but unpredictable quarter, during which revenues were well ahead of those in the disappointing comparable 2012 period.

 

Administrative costs were well controlled through the year, increasing by around 7%. The return of strong revenue growth and lower cost growth resulted in profits bouncing back strongly after the decline last year. Pre-tax profit for the year will be approximately £3.5m compared to £1.5m in 2012 and £2.8m in 2011, substantially beating the current market expectation.

 

Cash generation during 2013 was particularly strong. Even after returning £1.5m to shareholders in October via a 12p per share special dividend, the Company ended the year with a cash balance of £6.2m, compared with £3.8m at the end of 2012. BrainJuicer has no debt.

 

During 2013 the Company made further operational and strategic progress - enhancing its reputation and credibility. As testimony to this, in a recent global survey of over 2,000 market research practitioners (the Greenbook Industry Trends survey), the Company was voted the most innovative market research firm for the third year in a row. BrainJuicer's approaches, centred on Behavioural Science, continue to gain endorsement within major international clients, and this bodes well for further long term growth.

 

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
 
 
TSTUNAVRSUAAAAR
Date   Source Headline
5th Jun 20077:03 amRNSProgress - Predictive Markets
25th May 200712:45 pmRNSResult of AGM
30th Apr 20077:01 amRNSTotal Voting Rights
25th Apr 20075:41 pmRNSIssue of Equity
12th Apr 20077:01 amRNSPreliminary Results
5th Apr 20077:01 amRNSNotice of Results
19th Jan 20075:10 pmRNSDirector/PDMR Shareholding
15th Dec 200611:13 amRNSTotal Voting Rights
5th Dec 20068:00 amRNSFirst Day of Dealings on AiM

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.