Next 15 Group PLC
LSE:NFG
Next 15 Group PLC
Next 15 Group Plc provides communications services. The firm provides specialist services spanning market research and data analytics to advertising, lead generation, shopper marketing, management consultancy and venture building. Its segments include Customer Insight, Customer Engagement, Customer Delivery and Business Transformation. The Customer Insight segment includes Savanta and Planning-inc. The company conducts primary market research and track's opinion about brands and politics. The Customer Engagement segment includes M Booth, M Booth Health, Outcast, Archetype, Brandwidth, Nectar, BYND, elvis, Publitek plus MHP and House 337. The company builds digital brand assets, such as Websites and apps, and creates and amplifies brands. The Customer Delivery segment includes Activate, Agent3, Twogether and SMG agencies. The company includes account-centric marketing. The Business Transformation segment includes Mach49, Blueshirt, Palladium, and plus Transform.
Next 15 Group Plc provides communications services. The firm provides specialist services spanning market research and data analytics to advertising, lead generation, shopper marketing, management consultancy and venture building. Its segments include Customer Insight, Customer Engagement, Customer Delivery and Business Transformation. The Customer Insight segment includes Savanta and Planning-inc. The company conducts primary market research and track's opinion about brands and politics. The Customer Engagement segment includes M Booth, M Booth Health, Outcast, Archetype, Brandwidth, Nectar, BYND, elvis, Publitek plus MHP and House 337. The company builds digital brand assets, such as Websites and apps, and creates and amplifies brands. The Customer Delivery segment includes Activate, Agent3, Twogether and SMG agencies. The company includes account-centric marketing. The Business Transformation segment includes Mach49, Blueshirt, Palladium, and plus Transform.
Resilient Trading: Next 15 delivered a robust first-half performance, with resilient trading in consumer, government, and digital transformation offsetting technology client weakness.
Revenue & Margins: Revenue slipped 3.6% to GBP 230.8 million, but operating margins edged up to 14.2% from 14.1%, reflecting strong cost control.
Strong Financial Health: Net debt was reduced to GBP 45.3 million from GBP 74.8 million a year ago, with leverage at just 0.5x EBITDA and improved working capital.
Dividend Maintained: The interim dividend is held steady at 4.75p, supported by the balance sheet.
Portfolio Simplification: The group cut its portfolio from 22 businesses to 12, divested non-core units, and integrated several agencies to drive focus and efficiency.
Mach49 Winding Down: Mach49 is being treated as a discontinued operation and is set to fully wind down by year-end.
Stable Outlook: Full-year guidance is unchanged, with results expected to be in line with market expectations.
AI & Digital Focus: Early adoption of AI and strong capabilities in retail media, data, and analytics were highlighted as key competitive strengths.
