NEWS18 October 2011
UK— Next Fifteen Communications, the owner of Redshift Research, has reported a 19% rise in revenue for the year ending 31 July 2011.
The group’s digital and research business segment saw revenue jump from £1.6m in 2010 to £5.5m, a rise of 243% – helped by the acquisition of Bourne, a Glasgow-based digital marketing agency.
Adjusted operating profit within the division was up 458% to £670,000 from £120,000.
Digital/research revenue accounted for 6% of group revenue of £86m. Group profit before tax was up 42% from £5.3m.
Chairman Richard Eyre (pictured) said the firm had a “memorable year”.
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