Creston PLC Interim Management Statement (0724Z)
03 2월 2014 - 4:01PM
UK Regulatory
TIDMCRE
RNS Number : 0724Z
Creston PLC
03 February 2014
3 February 2014
Creston plc
Interim Management Statement
Creston plc ('Creston' or the 'Group') (LSE: CRE), the digitally
focused insight and communications group, announces its interim
management statement for the period 1 October 2013 to date.
In the three months to 31 December 2013 ('the Period'), there
was an increase in both the Group's revenue and Headline(1) PBIT(2)
performance, compared to the first two quarters of this financial
year and the prior year period. The growth in Headline PBIT was
driven by a good improvement in operating profit margin, along with
a 1 per cent increase in revenue compared to the prior year
period.
The successful new business win rate experienced in the first
half of the financial year continued into the Period. Wins included
the digital and CRM account for Virgin Trains and the social media
account for Unilever's Stork, Bertolli and ice cream brands. There
were also some notable synergy wins and referrals in the Period as
a result of the recent co-location strategy. These included a
contract for the Federation of Small Businesses and the British
Chambers of Commerce (for market research, PR and digital
advertising), and for Canon (market research and digital
advertising).
Like-for-like(3) revenue declined by 1% during the Period
against the equivalent period in the prior year. This is an
improvement when compared to the first half of the financial year,
and was helped by the new business wins in the Period together with
those in the first half of the financial year.
We remain cautious with regard to the ongoing impact of the
volatility in some of our clients' marketing budgets but are
reassured by the successful pitching for new business in the Period
and by the outlook captured in yet another positive recent IPA
Bellwether report in terms of increased marketing spend. Revenue
and Headline PBIT growth against the Period is expected in the last
quarter. The Board is comfortable that the full year results will
be in line with market expectations.
For further information please contact:
Creston plc +44 (0)20 7930 9757
Don Elgie, Group Chief Executive
Barrie Brien, COO/CFO
Bell Pottinger +44 (0)20 7861 3232
Elly Williamson / Malika Shermatova
About Creston plc
Creston plc (LSE: CRE) is a digitally focused insight and
communications group. The Group delivers a range of marketing
services, including advertising, brand consultancy, CRM, digital
and direct marketing, health communications, local marketing,
market research, PR and social media marketing to a broad spectrum
of blue-chip global clients. Our insight companies give us a real
edge, providing the analytic intelligence to enable us to deliver
original thinking that engages audiences, invites participation and
influences future trends. www.creston.com
1 Headline results reflect the underlying performance of the
Group and excludes property related costs, acquisition, start-up
and restructuring related costs, movement in fair value of deferred
consideration, amortisation of acquired intangibles, deemed
remuneration charges and notional finance costs.
2 Profit before finance income, finance costs and taxation
(PBIT).
3 Like-for-like excludes the results from any acquisitions made
during the current year, it compares current year performance to
the prior year, adjusting the current year to only include the
results of prior year acquisitions for the commensurate period of
ownership.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IMSEADAAEFELEAF
Conduit (LSE:CRE)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Conduit (LSE:CRE)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024