Next 15 Group's net revenues grew 2.5% in the year to January, despite difficult markets. Adjusted operating margin rose from 20.2% to 21.0%, helped by head office cost savings. In common with much of the sector, spending by tech clients was soft, down 17% like-for-like. The group did well, though, in growing spend from non-tech clients, up 11%, making for a strong overall performance in a market beset by ongoing macro uncertainty. Next 15 has been building its AI capabilities for some time and ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Next Fifteen’s results for the 12 months (FY15) and 18 months to January 2015, following a change in the year-end, show good progress. Revenue in FY15 rose 10.6% to £109.2m, with organic growth of 6.1%. In addition to continued strong performance in the US, the group has achieved a solid recovery in operating margins in the UK, Europe and Asia, following management implementing initiatives to improve the group’s profitability. Normalised FY15 PBT came in at £12.5m, nicely ahead of our esti...
Next Fifteen released a positive trading update saying that it continues to see strong overall trading. With the group changing its year end to January, management says that the results for the 12 months to January 2015 are anticipated to be above the top end of expectations. Its US businesses, which contribute over half of the group’s revenues, are again delivering double-digit revenue growth. We have realigned our estimates to the January year end for FY15 and FY16 – these reflect the trad...
Next Fifteen’s second interim results for the year to 31 July 2014 show a 6% revenue increase. Organic revenue growth of 5% was largely driven by continued strong trading in the group’s North American operations, which grew 12% organically. Adjusted PBT rose 36% while diluted adjusted EPS came in at 10.0p, 0.5p higher than our estimate primarily due to lower than expected minorities. Management says that current trading remains encouraging, with a good performance expected from the UK and US...
Next Fifteen’s second interim results for the year to 31 July 2014 show a 6% revenue increase. Organic revenue growth of 5% was largely driven by continued strong trading in the group’s North American operations, which grew 12% organically. Adjusted PBT rose 36% while diluted adjusted EPS came in at 10.0p, 0.5p higher than our estimate primarily due to lower than expected minorities. Management says that current trading remains encouraging, with a good performance expected from the UK and US...
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...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.