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NEWS26 March 2018

YouGov grows revenue by 10% according to interim results

Financials News UK

UK – YouGov has posted its interim results for the six months to 31 January 2018, reporting £56.3m in revenue.

The period saw a revenue growth of 10% for the company – a constant currency growth of 12% – compared to the same period in 2016/2017.

Adjusted operating profit was £8.8m, a 56% increase on six months to January 2017 ( 65% in constant currency).

The company’s data products and services divisions (which include BrandIndex, Profiles and Omnibus) represents £27.8m in revenue – 49% of the total. Revenue from custom research projects decreased by 2%.

Stephan Shakespeare, chief executive of YouGov (pictured), said: "We continue to deliver to the goals we set out in our five-year plan. By increasing our investment in technology we are getting more out of our data engine and our profit is growing at a higher rate.

"We have enjoyed a particularly strong first half. Trading during the second half has continued positively. We are accelerating our investment in technology and geographic expansion and remain confident in our prospects for the year."

@RESEARCH LIVE

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