NEWS4 April 2018

Next 15 profits up 20% for 2017

Financials News UK

UK – Digital communications group Next 15 has announced revenue of £197m for 2017 with pre-tax profits of £29m, up 21%.

These preliminary results, for the year ended 31 January 2018, follow a period of acquisition – so while revenue rose 15%, organic revenue growth was 5.2%.

Next 15 bought two market research agencies: B2B market research consultancy, Circle, and Charterhouse in 2017; as well as B2B content marketing agency, Velocity, and integrated digital agency, Elvis.

Richard Eyre, chairman of Next 15, said: "Next 15 continues to develop its services against our template of creativity, data and technology, ensuring the group’s capability to develop with the extra-ordinary pace of technology in our sector. This has driven another good year, with revenues and earnings again reaching record levels."