Next Fifteen Communications (NFC)

Sector:

Media

Index:

FTSE AIM 50

1,170.00p
   
  • Change Today:
      80.00p
  • 52 Week High: 1,280.00p
  • 52 Week Low: 475.00p
  • Currency: UK Pounds
  • Shares Issued: 92.81m
  • Volume: 70,947
  • Market Cap: £1,085.89m
  • RiskGrade: 202
  • Beta: 0.53

Next Fifteen turns in solid first-half results

By Josh White

Date: Tuesday 28 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Data-focussed consulting firm Next Fifteen Communications reported a 32% improvement in group net revenue in its half-year results on Tuesday, to £165.9m.
The AIM-traded company said organic net revenue growth totalled 23%, while adjusted profit before tax was ahead 69% to £35.0m.

Adjusted diluted earnings per share increased 51% year-on-year for the six months ended 31 July, to 26.3p.

On a statutory basis, revenue growth came in at 36% to £208.8m, while the company recorded a statutory operating profit of £14.9m, swinging from a loss of £0.4m a year earlier.

It described its balance sheet as "strong", with net cash totalling £6.6m, compared to net debt of £5m 12 months ago.

During the period the company completed a successful refinancing, providing up to £100m of debt capacity to fund further acquisitions and capital investment.

Client wins in the period included Boots, Citibank, Diageo and Disney+, while it acquired Shopper Media Group (SMG) and a controlling interest in Blueshirt Capital Advisers (BCA), both of which performed "strongly" in the first half.

It also acquired the business and assets of MSI International East, via the United States arm of Savanta.

Looking ahead, Next Fifteen said its "strong trading" had continued into the third quarter of its financial year, with the company currently seeing no sign of a slowdown in client demand.

Despite being against a strong comparable period, it said it expected to deliver double-digit organic revenue growth in the second half.

It said its new positioning as a growth consultancy was "clearly resonating" with clients, with the directors "confident" in a positive financial performance for the rest of the year.

"Our first half results have seen very strong organic revenue and profit growth across all segments and we continue to benefit from the same momentum in our second half," said chair Penny Ladkin-Brand.

"The increasing mix of digital services is providing strong operating leverage, although we are also taking the opportunity to accelerate investment in talent and product development to continue to drive longer term growth."

At 1309 BST, shares in Next Fifteen Communications Group were down 0.27% at 1,126.96p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

NFC Market Data

Currency UK Pounds
Share Price 1,170.00p
Change Today 80.00p
% Change 7.34 %
52 Week High 1,280.00p
52 Week Low 475.00p
Volume 70,947
Shares Issued 92.81m
Market Cap £1,085.89m
Beta 0.53
RiskGrade 202

NFC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.06% below the market average95.06% below the market average95.06% below the market average95.06% below the market average95.06% below the market average
96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average
Price Trend
96.76% above the market average96.76% above the market average96.76% above the market average96.76% above the market average96.76% above the market average
96.61% above the sector average96.61% above the sector average96.61% above the sector average96.61% above the sector average96.61% above the sector average
Income
83.58% below the market average83.58% below the market average83.58% below the market average83.58% below the market average83.58% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Growth
25.46% above the market average25.46% above the market average25.46% above the market average25.46% above the market average25.46% above the market average
51.85% above the sector average51.85% above the sector average51.85% above the sector average51.85% above the sector average51.85% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

NFC Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Oct-21 08-Jul-21
Paid 26-Nov-21 13-Aug-21
Amount 3.60p 7.00p

Trades for 07-Dec-2021

Time Volume / Share Price
16:38 2,050 @ 1,170.00p
16:35 3,830 @ 1,170.00p
16:29 70 @ 1,160.00p
16:29 53 @ 1,160.00p
16:29 26 @ 1,160.00p

NFC Key Personnel

CEO Tim Dyson
CFO Peter Harris
Chair Penny Ladkin-Brand

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