27th Jul 2016 08:29
LONDON (Alliance News) - Marketing analytics firm Ebiquity PLC on Wednesday said profit and revenue in the first half was higher year-on-year, and trading is broadly in line with market expectations for the full year.
Ebiquity said its Media Value Measurement practice continue to grow in the half, albeit with a slowdown in the rate of growth amid delays on contract renewals and new business.
Ebiquity's Marketing Performance Optimisation practice showed growth in all markets and is expected to continue to perform well in the second half.
The firm's Market Intelligence unit, meanwhile, saw revenue broadly flat but Ebiquity expects sales to decline amid growing competition in the segment.
Ebiquity will publish interim results on September 28.
Shares in Ebiquity were down 2.1% to 116.00 pence Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Ebiquity