Trading Statement

Trading Statement

Next Fifteen Communications Plc

Next Fifteen Communications Group plc

(“Next 15” or the “Group”)

Trading update

Next 15, the digital communications group, is pleased to report that it continues to trade in line with management expectations for the current financial year ending 31 January 2016. Momentum remains strong in the US and the UK in particular, thanks to the increased proportion of revenues now derived from digital products and services.

Revenues for the eleven months to 31 December 2015 were £118m, an increase of 19% year on year. Overall organic revenue growth was 8%, largely driven by the US.

In December 2015 the Group completed the acquisition of ODD Communications, a digital agency that specialises in the fashion and lifestyle markets. The Group also undertook a share placing which raised £7.8m net of costs, leaving the Group with a strong balance sheet as it approaches the year end. The Group expects to make further acquisitions in the first half of 2016 as it continues to strengthen its digital capabilities. The Group will also invest in the expansion of some of its UK businesses as they look to enter the US market. The results for the financial year ending on 31 January 2016 are due to be announced on 12 April 2016.

Next 15 is today holding a capital markets event for institutional investors and analysts. Presentations will be given by the CEO, Tim Dyson, and by three of the Group’s agency brands. While this event will give attending shareholders and analysts a greater understanding of several of the Group's operating businesses, it will not disclose any information considered material. Copies of the presentations made will be available on the Group’s website (www.next15.com) on Thursday 28^th January.

Enquiries:

Next Fifteen Communications Group plc	Â	Â	Â		Â	Â
Peter Harris, Chief Financial Officer				[phone]
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Investec Bank plc				[phone]
Keith Anderson / Matt Lewis / Dominic Emery

View source version on businesswire.com: http://www.businesswire.com/news/home/20160126005958/en/