18th Jan 2016 08:40
LONDON (Alliance News) - Market research agency BrainJuicer Group PLC on Monday said trading in the second half of 2015 was stronger than in the first, with full-year pretax profit set to meet market expectations.
The company said revenue rose 2.0% over the whole year to around GBP25.2 million, boosted by a good performance in the US, which offset revenue declines in the UK, Europe, Asia and Brazil. The revenue growth was held back by falling sales of its Juice Generation qualitative research product. This is being replaced by sales of BrainJuicer's higher-margin, tracking research offering, it said.
Pretax profit for 2015 is expected to be around GBP4.5 million, up from GBP4.3 million in 2014 and in line with market expectations.
The company will publish its final results on March 21.
Shares in BrainJuicer were down 1.3% to 340.00 pence Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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