Next Fifteen Communications Plc
26th January 2005
Next Fifteen Communications Group plc
AGM Trading Update & Move to AIM
I am pleased to report that with five months of the financial year behind us,
the Next Fifteen Communications Group is trading comfortably in line with the
forecasts in the market. In October we posted our most recent set of full-year
figures which showed strong profit growth and a return to revenue growth. I'm
pleased to report that we've maintained this momentum in the current year with
revenue increases to current client assignments and the addition of new clients
to the Group's roster.
Text 100, the largest of our businesses, has made an impressive start to the
year in all its regions. In the US the business has added Cadence Design Systems
and Macromedia to its client list, while within EMEA business has been added
from Symantec and Software AG. Text 100 also added Intel and Tektronix within
APAC, where it has opened a fourth office in China, in the city of Guangzhou.
Bite Communications continues to show strong growth and has added Siebel Systems
in the US and LANDesk Software and Gallup in the UK to its client list.
AUGUST.ONE, which had experienced a tough year last year, has continued to
recover. Client wins so far this financial year include Mothercare and More
Thn, part of the Royal and Sun Alliance Group.
I am also pleased to announce that the Board has decided to move the Company's
listing to the Alternative Investment Market (AIM) next month, subject to
regulatory approval. We believe that this will benefit the Company and its
shareholders in a number of ways particularly in allowing the Company to make
strategic acquisitions in a more flexible and cost effective way.
The Group remains confident about its prospects. To date, the strong trading
performance coupled with our positive cash position, puts the Group in a strong
position as the PR sector continues to recover. I will update you further on
progress when we report our Interim Results on 12 April 2005.
Will Whitehorn Chairman
Contacts Tim Dyson - CEO David Dewhurst - Group Finance Director David Bick -
Holborn Public Relations Telephone: 020 7929 5599n, part of the Royal and Sun Alliance Group.
I am also pleased to announce that the Board has decided to move the Company's
listing to the Alternative Investment Market (AIM) next month, subject to
regulatory approval. We believe that this will benefit the Company and its
shareholders in a number of ways particularly in allowing the Company to make
strategic acquisitions in a more flexible and cost effective way.
The Group remains confident about its prospects. To date, the strong trading
performance coupled with our positive cash position, puts the Group in a strong
position as the PR sector continues to recover. I will update you further on
progress when we report our Interim Results on 12 April 2005.
Will Whitehorn Chairman
Contacts Tim Dyson - CEO David Dewhurst - Group Finance Director David Bick -
Holborn Public Relations Telephone: 020 7929 5599
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