Next Fifteen (#NFC) £4.3m placing at 145p - bullish trading statement
- 2015-01-29 01:29:19
As it “continues to transition its core business away from traditional communications services, such as public relations, towards social and digital communications”, Next Fifteen (NFC) has announced results driven by a continued strong performance from its North American business and improving UK trading, with EMEA and APAC stabilising. With me having concluded in January that at an approaching 90p share price there looked to be some growth and income value on offer here and reviewing again in August at 114.5p, the following updates with the shares currently 119p.
Next Fifteen Communications (NFC) has updated that recent trading has seen a continuation of positive growth trends and that despite the strength of sterling, against the dollar in particular, holding back reported revenues and profits, it expects annual revenues to have exceeded £100 million for the first time in the company's history and “to deliver results at least in line with management expectations”. With me having concluded in January that at an approaching 90p share price there looked to be some growth and income value on offer here, the following updates with the shares currently at 114.5p.
Next Fifteen Communications (NFC) has updated that it “is trading in line with management expectations… largely driven by double digit organic growth and strong overall margins in our Northern American business”. With an approaching 90p share price, comparing to a 52 week high of 115p and low of 71.5p, is there currently value here?
International digital communications group, Next Fifteen Communications (NFC) has announced results of a year (to 31st July 2013) when it has been particularly troubled by its ‘Bite’ agency. With the shares at 73p, the following updates following my previous analyses HERE and HERE.
On 3rd September international PR and marketing services group Next Fifteen Communications (NFC) updated that for its year ended 31st July 2013 it “expects to report record revenues in line with management expectations while adjusted profits will be modestly below the previous year, following continued restructuring at Bite and investment in the group’s digital capabilities”. The following updates as the company has now revealed “that as a result of audit adjustments that relate to issues in its Bite agency, its profits for the 2013 financial year will fall materially short of market expectations”.
International PR and marketing services group Next Fifteen Communications (NFC) has updated that for its year ended 31st July 2013 “adjusted profits will be modestly below the previous year”, though “thanks to new client wins and the investments made, the group anticipates good progress in the financial year just commenced”…






