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NEWS20 September 2013

UK and US drive Brainjuicer first-half growth

Financials UK

UK — Brainjuicer saw revenues grow by 4% for the first six months of the year according to its interim results.

The online market research company saw revenues grow to £10.8m for 1H 2013 compared with £10.4m in the first half of 2012 while its gross profits grew by 6% from £8m to £8.5m.

Operating profits and profit before tax both grew by 81% to £1.3m in 1H 2013 compared with £717,000 in 2012.

The company said that the US and UK have been the main drivers of growth with the former, which represents 40% of group revenue, growing by 12% while the States, with 35% of revenue, grew by 9%.

Founder of BrainJuicer John Kearon said: “This has been an encouraging all round first half performance. The combination of resumed revenue growth against a strong comparative period and lower costs has delivered a very strong profit increase.”