YouGov Regulatory News (YOU)

7 Dec 2007 07:00

YouGov PLC07 December 2007 7 December 2007 YouGov plc Interim Management Statement YouGov plc (YouGov or the Group), the UK's leading online market researchagency, which holds it's AGM today, at 10am, issues the following InterimManagement Statement covering the period from the beginning of the financialyear, 1 August 2007, to date. Since the start of the year, trading across the Group, including the threebusinesses recently acquired, has been in-line with the Board's expectations. Integration of the three acquisitions in Scandinavia, America and Germany,completed on 14 September, is progressing well and according to plan.Integration of these businesses is a continuous process and has strongcommitment from all staff members around the Group, with strong leadership teamsin place within each business/geographical hub. Our key business leaders meet formally on a monthly basis at the OperationsBoard which acts as a forum at which integration is managed. Financial reporting, systems and controls are operating effectively and aunified reporting platform is being implemented across the Group. Our product roll-out plan continues to have momentum, with BrandIndex due to befully operational in Germany, Scandinavia and America in the first quarter ofnext calendar year. The establishment of an online hub in Germany is progressing well with panelbuilding underway and a current panel of 2,000 and full scale recruitmentcommencing on Monday. In November we appointed a Group Chief Technology Officer to lead thetechnological integration to ensure that we are able to garner the best elementsof our technology offering from around the group and to unify our platform. The Board remains positive about the Group's future prospects. Nadhim Zahawi, Chief Executive of YouGov plc commented: "The integration of our three new businesses is progressing as plannedreflecting the detailed integration strategy outlined at the time of theacquisitions. Trading across the group is in line with our expectations and wecontinue to remain positive about the prospects of our enlarged group." Enquiries: YouGov plc Nadhim Zahawi (CEO) Tel: 020 7012 6000 Katherine Lee (CFO) Numis Securities Limited Nick Westlake Tel: 020 7260 1000 Financial Dynamics Charles Palmer Tel: 020 7831 3113 Nicola Biles This information is provided by RNS The company news service from the London Stock Exchange