Next 15 (#NFG) – “led by growth in our Digital Transformation business… continues to forecast like-for-like revenue and profit growth in the year”

Next 15 Group (#NFG) – FY adj. EPS -5% to 46.8p, DPS maintained at 15.35p, this year “expects to deliver like-for-like growth in revenue and operating profit”

Next 15 Group – “performance is anticipated to be in-line with market expectations”, how creditable is that?

Marketing group (Oops, I mean “data-led growth consultancy”), Next 15 (NFG) has issued a “Trading Statement” including that “underpinned by robust trading results through the final weeks of 2025… financial year ending 31 January 2026… performance is anticipated to be in-line with market expectations” and “confidence in the outlook… underpinned by the group’s sustained strategic focus on higher-growth segments”. What about currently a slightly lower share price response from 357.5p?

Next 15 (#NFG) – “Trading Statement”, “confident in delivering like-for-like revenue growth and a further improvement in operating profit and margin, before the impact of modest growth investment”

Next 15 Group – ‘update on press speculation’ includes “well-positioned to capitalise on evolving market opportunities”. How well-positioned really though?

Shares in marketing group (Oops, I mean “tech and data driven growth consultancy”) Next 15 (NFG) are currently down approaching 18% at 310.5p on the back of a “Statement re update on press speculation”. So what’s going on here?

Next 15 (#NFG) – H1 adj. EPS edged up to 22.2p, DPS maintained at 4.75p, current trading “progressing as expected”

Next 15 Group – “unique service offering for global businesses”-argued acquisition in 2020 now to “cease operations”!

Next 15 Group (NFG) has announced its “intention to permanently cease operations at Mach49”, stating the move is “in line with the group’s previously announced strategy to simplify and strengthen the business”. What’s the outlook from a current 270p share price, £272.5 million market cap?

Next 15 (#NFG) – “initiated an orderly wind down of Mach49’s operations” and notes arbitration proceedings

Next 15 Group – “early-stage discussions regarding a potential sale of a selected number of its brands”… but how well can it sell in the current environment?

‘Tech and data-driven growth consultancy’ Next 15 Group (NFG) has responded to “press speculation” with that it “confirms it is in early-stage discussions regarding a potential sale of a selected number of its brands”. What about a current more than 15% higher share price to above 240p in response?

Next 15 Group – a business “potential serious misconduct” profit warning, and worse!…

From group describing itself as a “tech and data driven growth consultancy” Next 15 (NFG) there’s “Trading Statement” and “Directorate change” announcements today, and the shares are currently down more than 22% in response at 225p. So what’s the situation now here?

Next 15 Group (#NFG) – FY “profits are expected to be at the bottom of analyst expectations”, CFO Peter Harris to “step down”

Next 15 (#NFG) – H1 adj. EPS down to 30.3p, DPS maintained at at 4.75p, notes tech trading conditions headwinds

Next 15 – I having questioned in June whether it was really to be H2 material improvement in trading conditions, now material profit warning!

Most recently writing on Next 15 Group (NFG), in June with the shares down towards 800p I noted it stating “delays in some clients’ spending” and “a tough macro environment” and, thus, questioned its “expect… trading conditions to improve in the second half”. So what of today a “Trading Statement” and the shares currently down from a prior closing 828p to around 450p!?

Next 15 (#NFG) – “materially below” profit warning due to a contract non-renewal and technology and public sector spend weakness

Next 15 Group – argues “continues to anticipate that full-year profits will be in line with management expectations”, but will they?

Corporate jargon (oops) “Tech and data driven growth consultancy” group Next 15 (NFG) states that it “is pleased to provide an update on trading for the four-month period ended 31 May 2024”. However, how ‘pleasing’ is the trading performance?

Next 15 (#NFG) – growth in ‘Customer Delivery’ segment offset by declines in other segments, “expect… trading conditions to improve in the second half”

Next 15 (#NFG) – expects H2 revenue +1% YoY, argues “recent wins give confidence that growth will accelerate in the new financial year”

Next 15 (#NFG) – H1 adj. EPS -14%, DPS +5%, states trading “broadly in line with management expectations” (i.e. slightly behind)

Next 15 (#NFG) – expects revenue and operating margins development “in line with management expectations”