2nd Apr 2019 10:32
LONDON (Alliance News) - Next Fifteen Communications Group PLC on Tuesday reported a double-digit increase in its annual profit and also reiterated confidence for the period ahead.
For the year ended January, the digital communication firm posted pretax profit up 41% at GBP18.8 million from GBP13.3 million a year ago.
Revenue rose 16% to GBP272.4 million from GBP233.9 million, on billings increasing to GBP291.0 million from GBP243.5 million.
The company proposed a final dividend of 5.4 pence per share, resulting in a total dividend for the year of 7.56p, up 20% on the year before's 6.3p payout.
"Next 15 has evolved from a pure PR group into a data and technology-driven marketing group. There is more change to come as the industry continues to evolve and as our customers wrestle with the impact technology is having on their own business models," Chair Richard Eyre said.
He added: "We are excited about our future as we believe we have the right foundational platform of businesses, products, talent and customers to tackle the next stage in our evolution. Evolution that we see delivering further strong growth in the years ahead."
Next Fifteen shares were trading down 1.4% at 553.00p each on Tuesday morning.
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