13th Aug 2021 14:41
System1 Group PLC - marketing and brand consultancy based in London - Provides a trading update for its annual general meeting. Says total revenue in the quarter ended June 30 was GBP6.5 million, consistent with the previous quarter and 38% above the equivalent pandemic-impacted period the previous year. Data products represented 28% of revenue in the first quarter, the company says, up from 15% in the final quarter of the previous financial year.
Guides double-digit sales growth year-on-year in the first half, despite a quiet start to the second quarter in the US. Expects data products income to account for one third of company revenues in the first half overall.
Current stock price: 4.45 pence, down 4.5% on Friday afternoon
Year-to-date change: up 80%
By Scarlett Butler; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
System1 Group