dotDigital Group PLC - London-based online marketing company - Announces the acquisition of Fresh Relevance Ltd, a vendor of cross-channel personalisation technology, for GBP25 million. Deal to be settled with around GBP18.9 million in cash and GBP6.1 million by the issue of 6.9 million shares in Dotdigital at 88.698 pence each, which are subject to a 12 month lock-in. Expects acquisition to add over GBP6.0 million of annual revenue, of which 93% are recurring software as a service revenue, and GBP0.6 million annual earnings before interest, tax, depreciation and amortisation, before integration costs. Sees revenue and cost synergies over the medium term and expects the deal to be earnings enhancing in the financial year ending June 30 2025. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
dotdigital Group PLC - London-based online marketing company - Launches series of enhancements to its customer experience and data platform. These include the launch of an artificial intelligence campaign creation functionality powered by Microsoft Azure's OpenAI GPT-3.5 service. Company says this will help marketers improve campaign content, save time and maximise customer engagement. dotdogital has launched a new machine learning-driven set of predictive analytics to analyse customers' purchasing habits and produce actionable insights, such as which customers are likely to spend the most over time. Read More
dotdigital Group PLC - London-based online marketing - Posts revenue of GBP33.8 million for the six months ended December 31, up 9.4% from GBP30.9 million, driven primarily by "net revenue expansion but also growth in SMS volumes". Pretax profit is GBP7.4 million, down 14% from GBP8.6 million, as administrative expenses rise to GBP19.2 million from GBP16.5 million a year before. Adjusted earnings before interest, tax, depreciation and amortisation amounts to GBP11.1 million, down slightly from GBP12.2 million a year before. Looking ahead, says encouraged by progress achieved in the period. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Dotdigital Group PLC on Wednesday said its full year profit increased, due to existing client growth and improved customer retention in Europe, the Middle East & Africa. Read More
dotdigital Group PLC - London-based online marketing - Hires Unit4 Director of Financial Planning & Analysis Alistair Gurney as its new chief financial officer, effective from September 19. Says Gurney brings significant experience in private equity backed technology businesses. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Dotdigital Group PLC - London-based online marketing - Expects revenue for the financial year ended June 30 to increase roughly 8% to GBP62.8 million from GBP58.1 million. Notes that this is in line with the market consensus of GBP62.6 million. Expects adjusted earnings before interest, tax, depreciation and amortization and operating profit to be ahead of expectations. Cites growth across all global regions as one of the reasons for its performance. Intends to pay a final dividend, linked to its Ebitda growth. Says sales momentum from its fourth quarter is continuing into the new financial year. Read More
(Alliance News) - dotdigital Group PLC on Tuesday named John Conoley as non-executive chair, effective immediately. Read More
Dotdigital Group PLC - London-based online marketing - Says it has become a premier partner in the Adobe Exchange Partner Program. This means its marketing automation software will be available for purchase from and marketed through the Adobe Exchange App Marketplace. Notes this is a two-year agreement. Does not disclose the value of the partnership. Read More
(Alliance News) - Stock prices in Europe tumbled in afternoon dealings with investors fearing the situation in Ukraine will only get worse after Russian President Vladimir Putin vowed no let-up in his invasion. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News: Read More
dotdigital Group PLC - London-based online marketing - Warns on slowing growth as reports improved half-year results. For six months that ended December 31, pretax profit rises 21% to GBP8.6 million from GBP7.1 million a year before, on revenue of GBP30.9 million, up 9.5% from GBP28.2 million. Proposes no interim dividend, the same as past years. Instead will continue to conduct a full dividend review at year-end. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More