NEWS28 January 2015

Ebiquity revenues up with first dividend on horizon

Financials News UK

UK — Independent marketing performance specialists Ebiquity announced a rise in revenues of 7% to £35m for the six months ended 31 October 2014, with its maiden dividend proposed.

The revenue compares to £32.7m for 2013. Its underlying pre-tax profit was up 17% to £4.2m at constant currency and £3.6m on a reported basis.

Its analytics and data divisions continue to drive growth. Ebiquity said that its media value measurement and marketing performance optimization were both generating growth while its market intelligence broadly maintained revenue year on year with renewals remaining high at 90%.

The strong first half year financial performance and confidence in future performance means that the company intends to make a maiden dividend payment to investors after its full year results.

Michael Greenlees, Ebiquity CEO, said: “Ebiquity has delivered a strong performance in spite of significant currency headwinds in the first half of the year. The growing demand for data analytics and performance measurement is driving growth and the Group’s increasing profile and reputation is supporting new business conversion.”