-

Trading Statement

LONDON--(BUSINESS WIRE)-- 

Next Fifteen Communications Group plc

Trading Update

Next 15 is pleased to announce that trading over the third quarter of its financial year has continued to be strong and ahead of management expectations.

For the three-month period to 31st October 2020, revenues are expected to be up by approximately 7% compared with the same period last year and the operating profit margin has also shown strong growth compared with last year.

The performance has again been led by our B2B technology focused agencies, such as Activate, Twogether and Agent3, but we have also seen a welcome recovery in performance from our B2C agencies, such as MBooth and Savanta. Our revenues in the US returned to modest organic growth in the quarter which helped contribute to an overall organic revenue decline of 3% for the Group for the three-month period, compared with a 6.6% decline experienced in the first half of our financial year.

We remain cautiously optimistic about trading as we enter the final quarter of our financial year and will continue to manage our cost base with care in what is still a highly uncertain general economic environment.

The group is highly cash generative and has a strong balance sheet, with net debt as at 16th November, after recent acquisition related payments, of less than £1m.

We anticipate results for the year ending 31 January 2021 will be ahead of current market expectations.

Enquiries:

Next Fifteen Communications Group plc
Tim Dyson, CEO
+1 415 350 2801
Peter Harris, CFO
+44 (0)20 7908 6444

Numis
Mark Lander, Hugo Rubinstein, Nick Westlake
+44 (0)20 7260 1000

Category Code: TST
Sequence Number: 721364
Time of Receipt (offset from UTC): 20201118T221233+0000

Contacts

Next Fifteen Communications Plc

Next Fifteen Comm

LSE:NFC
Release Versions
English

Contacts

Next Fifteen Communications Plc

More News From Next Fifteen Comm

Next 15 Group plc UK Regulatory Announcement: Holding(s) in Company

LONDON--(BUSINESS WIRE)--  TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i   1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Next 15 Group Plc 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer   2. Reason for the notification (please mark the appropria...

Next 15 Group plc UK Regulatory Announcement: Holding(s) in Company

LONDON--(BUSINESS WIRE)--  TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB0030026057 Issuer Name NEXT 15 GROUP PLC UK or Non-UK Issuer UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Liontrust Investment Partners LLP City of registered office (if applicable) Country of registered office (if applicable) GB 4. Details of the shareholder Name City of registered office Country...

Next 15 Group plc UK Regulatory Announcement: Total Voting Rights

LONDON--(BUSINESS WIRE)--  2 January 2026 Next 15 Group plc Total Voting Rights Next 15 Group plc (the 'Company') announces that, as at 31 December 2025, the Company’s issued share capital consisted of 101,028,935 ordinary shares of 2.5p each (“Ordinary Shares”). No Ordinary Shares are held in treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest...
Back to Newsroom