YouGov PLC
07 December 2007
7 December 2007
YouGov plc
Interim Management Statement
YouGov plc (YouGov or the Group), the UK's leading online market research
agency, which holds it's AGM today, at 10am, issues the following Interim
Management Statement covering the period from the beginning of the financial
year, 1 August 2007, to date.
Since the start of the year, trading across the Group, including the three
businesses recently acquired, has been in-line with the Board's expectations.
Integration of the three acquisitions in Scandinavia, America and Germany,
completed on 14 September, is progressing well and according to plan.
Integration of these businesses is a continuous process and has strong
commitment from all staff members around the Group, with strong leadership teams
in place within each business/geographical hub.
Our key business leaders meet formally on a monthly basis at the Operations
Board which acts as a forum at which integration is managed.
Financial reporting, systems and controls are operating effectively and a
unified reporting platform is being implemented across the Group.
Our product roll-out plan continues to have momentum, with BrandIndex due to be
fully operational in Germany, Scandinavia and America in the first quarter of
next calendar year.
The establishment of an online hub in Germany is progressing well with panel
building underway and a current panel of 2,000 and full scale recruitment
commencing on Monday.
In November we appointed a Group Chief Technology Officer to lead the
technological integration to ensure that we are able to garner the best elements
of our technology offering from around the group and to unify our platform.
The Board remains positive about the Group's future prospects.
Nadhim Zahawi, Chief Executive of YouGov plc commented:
'The integration of our three new businesses is progressing as planned
reflecting the detailed integration strategy outlined at the time of the
acquisitions. Trading across the group is in line with our expectations and we
continue to remain positive about the prospects of our enlarged group.'
Enquiries:
YouGov plc Nadhim Zahawi (CEO) Tel: 020 7012 6000
Katherine Lee (CFO)
Numis Securities Limited Nick Westlake Tel: 020 7260 1000
Financial Dynamics Charles Palmer Tel: 020 7831 3113
Nicola Biles
This information is provided by RNS
The company news service from the London Stock Exchange
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