31st Jan 2022 10:59
(Alliance News) - Next Fifteen Communications Group PLC on Monday said it expects full-year results ahead of expectations, due to fast growth and a "welcome" recovery from the pandemic in its business segments.
In response, shares were up 12% at 1,220.00 pence each on Monday morning in London.
The London-based marketing company said revenue in its fourth-quarter ended Monday grew 34% compared to the same quarter a year ago. Organic revenue growth in the period totalled 24%, it added.
Meanwhile, full-year revenue also rose by 34%, year-on-year, with organic revenue growth of 24%.
The marketing company put this down to strong growth across all four areas of its business. Each segment recorded organic revenue growth of at least 15% in the year, it noted.
Next Fifteen pointed out that its Customer Delivery and Business Transformation segments have continued to be the fastest-growing.
Its Customer Insight and Customer Engagement divisions, on the other hand, have shown a "welcome" recovery from their Covid-hurt performances in the prior year.
Altogether, this "strong" performance throughout the year and in the final quarter drove full-year results ahead of market expectations, it said.
"Our performance in the fourth quarter was again strong, showing that there has been no change in demand for our wide range of growth-enhancing services as market challenges and disruption across industries continue," Chief Executive Tim Dyson commented.
By Abby Amoakuh; [email protected]
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