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Market Cap: £41.75m
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Trading Update

17 Jan 2014 07:00

RNS Number : 8726X
BrainJuicer Group PLC
17 January 2014
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Press Release 17 January 2014

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BrainJuicer Group PLC

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Trading update

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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.

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Revenue for the year increased by 17% to over Β£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.

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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 Β£3.5m compared to Β£1.5m in 2012 and Β£2.8m in 2011, substantially beating the current market expectation.

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

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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.

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

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- Ends -

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For further information, please contact:

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BrainJuicer Group PLC

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

James Geddes, Chief Financial Officer www.brainjuicer.com

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Canaccord Genuity Limited

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

www.canaccordgenuity.com

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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TSTUNAVRSUAAAAR
Date   Source Headline
11th Apr 20121:46 pmRNSAnnual Report and Accounts
22nd Mar 20127:00 amRNSResults for 12 Months ended 31 Dec 2011
20th Jan 20125:39 pmRNSTransaction in Own Shares
19th Jan 20127:00 amRNSTrading Update
16th Jan 20127:47 amRNSTransaction in Own Shares
10th Jan 20122:31 pmRNSTransaction in Own Shares
5th Jan 20121:24 pmRNSDirectorate Change
2nd Dec 20117:00 amRNSTransaction in Own Shares
22nd Nov 20119:35 amRNSTransaction in Own Shares
3rd Nov 20113:23 pmRNSTransaction in Own Shares
2nd Nov 20115:39 pmRNSTransaction in Own Shares
1st Nov 20115:47 pmRNSTransaction in Own Shares
31st Oct 20114:14 pmRNSTransaction in Own Shares
29th Sep 20115:09 pmRNSDirector/PDMR Shareholding
12th Sep 20118:29 amRNSBlocklisting Interim Review
30th Aug 20119:52 amRNSTotal Voting Rights
13th Jul 20117:00 amRNSTrading Update
28th Jun 20113:19 pmRNSTransaction in Own Shares
27th Jun 201110:37 amRNSDirector Dealing
20th Jun 20116:21 pmRNSTransaction in Own Shares
17th Jun 20114:39 pmRNSTransaction in Own Shares
7th Jun 20117:00 amRNSDirector Dealing
24th May 20114:32 pmRNSResult of AGM
12th May 201111:24 amRNSHolding(s) in Company
5th May 201112:36 pmRNSHolding(s) in Company
4th May 20114:34 pmRNSDirector Dealing
7th Apr 20115:57 pmRNSTransaction in Own Shares
4th Apr 20117:39 amRNSTransaction in Own Shares
24th Mar 20117:00 amRNSFinal Results
10th Mar 20119:24 amRNSBlocklisting Interim Review
21st Jan 20114:52 pmRNSHolding(s) in Company
14th Jan 20118:02 amRNSTrading Update
11th Jan 20116:10 pmRNSTransaction in Own Shares
26th Nov 20107:00 amRNSAppointment of Director
3rd Nov 20105:24 pmRNSHolding(s) in Company
22nd Oct 20108:33 amRNSHolding(s) in Company
22nd Oct 20108:33 amRNSHolding(s) in Company
12th Oct 20106:17 pmRNSTransaction in Own Shares
1st Oct 201012:23 pmRNSSubstantial Shareholder and Director Dealing
29th Sep 20105:48 pmRNSTransaction in Own Shares
22nd Sep 20107:00 amRNSInterim Results
10th Sep 20107:00 amRNSBlocklisting Interim Review
21st Jul 20101:22 pmRNSDirector Dealings
14th Jul 20108:14 amRNSTrading Update
28th May 201012:37 pmRNSTotal Voting Rights
18th May 20104:01 pmRNSTrading Update & Name change of Nomad and Broker
4th May 20105:52 pmRNSBlocklisting Application
22nd Apr 201012:17 pmRNSResults of Buyback Program and Director Dealing
22nd Apr 20107:00 amRNSBuyback Programme
31st Mar 201010:26 amRNSTotal Voting Rights

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