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YouGov improves H1 pretax profit, revenue

By BFN News | 07:23 AM | Monday 27 March, 2017


YouGov has improved its H1 pretax profit, revenue and EPS, adding that H2 trading had started positively. CEO Stephan Shakespeare described the period as a strong one of organic revenue and profit growth. For the six-month period, YouGov reported a pretax profit of £2.5m, up from £1.9m. Revenue was £51.4m, from £41.5m. "We are consistently delivering against our strategy and making good progress towards our ambitious goals,2 said Shakespeare. "We are investing in technology, constantly improving the scope and depth of our data and leveraging our highly sophisticated core data engine, YouGov Cube." The CEO said this focus had helped YouGov continue to outperform the market and it was enabling it to expand in new markets and become a powerful global data and analytics brand. "Trading during the second half of our financial year has started positively and is in line with our expectations," said Shakespeare. "We have built a strong base and continue to see significant opportunity to further grow revenues from Data Products and Data Services and deliver on our long-term objectives." Story provided by StockMarketWire.com

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