Information  X 
Enter a valid email address

YouGov hikes dividend after profit jumps 49%

By BFN News | 07:37 AM | Tuesday 09 October, 2018

Polling company YouGov posted a 49% rise in annual profit and hiked its dividend, as it boosted earnings in the US and generated a higher proportion of its revenue from data services. Pre-tax profit for the year through July rose to £11.8m, as revenue rose 9% to £116.6m. The company increased its dividend by 50% to 3.0p per share. Data products and services revenue jumped 25% to £59.4m and now represented 50% of total revenue, up from 44% on-year. The US remained the largest profit generator, with adjusted operating profit there rising 78% to £16.6m. 'We have delivered revenue and profit growth significantly ahead of our industry and continue to track to meet the financial objectives set out in our five-year plan,' chief executive Stephan Shakespeare said. 'Increasingly, our clients are demanding the rapid analysis of data in real-time and through targeted investments in technology we have built a data engine which serves the modern marketer.' 'Trading in the current financial year has started well, underpinning the board's confidence in meeting their expectations for the year.' Story provided by

a d v e r t i s e m e n t