Update: FY14 looking good - edging up estimates
Next Fifteen has reported that trading in the six months to 31 July 2014 has been a continuation of the positive growth trends seen in the previous half year. Revenue for the year to 31 July is expected to exceed £100m, with continued strong growth in the US plus an improvement in the UK. This is encouraging given the strength of sterling as c 80% of the group’s revenues are outside the UK. The group has moved its financial year-end to January, and second interims to July 2014 are expected on 7 October. Meanwhile we retain (until comparative data is released) annual FY14 and FY15 estimates, both of which we edge up following this trading update.Next Fifteen Communications Group is a communications group. Co. is centered on the technology of marketing: data, insight, analytics, apps, content platforms and content itself. Co. owns 17 marketing businesses. Co. comprises agencies spanning digital content, marketing, PR, consumer, technology, marketing software, market research, public affairs and policy communications. All brands operate as autonomous businesses, allowing Co. to service competing clients. Co.'s sectors include digital, digital content, policy communications, investor relations, marketing software, market research, consumer, and technology.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
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