18 October 2011 - 8:20am | posted by | 0 comments

Next Fifteen Group reports increases in turnover and profit for 2011

Next Fifteen Group reports increases in turnover and profit for 2011Next Fifteen Group reports increases in turnover and profit for 2011

Next Fifteen Communications Group has announced a 42% rise in its pre-tax profit for 2011.

The group, which saw its year end on 31 July, reported pre-tax profits of £7.5m, rising from £5.3m last year, while its turnover increased by 19% of the previous year to £86m.

The rise in turnover and profit comes after the group focused its offering on digital, including the acquisition of Bourne in the UK, as well as 80% of CMG Worldwide and 85% of Blueshirt Group.

Chairman of Next Fifteen, Richard Eyre, said: “Next Fifteen Communications Group plc (“Next 15” or “the Group”), a worldwide digital communications group, has had a memorable year. The Group has achieved record revenues and profits underpinned by its early transition to digital services in its PR businesses. Digital is giving the group access to new revenue streams and helping to deliver strong growth in North America and Asia. During the year Next 15 further expanded its digital offering and strengthened its corporate business, through targeted acquisitions. Against a backdrop of geopolitical turmoil Next 15 has delivered strong top and bottom line growth, with a balance sheet that is both robust and sustainable.”

Be the first to comment on this article: sign in or register.

Latest Projects from the Profile Hub

Search campaign increases revenue by 492%

21/05/2015
Hobbycraft had been investing in PPC for a while, but spend...

PG tips

21/05/2015
The definitive article Decades of evolutionary pack changes...

Raise a glass to Private Dining Room's online visibility

20/05/2015
Private Dining Rooms, an online venue finder, initially...

Wigmore Hall

19/05/2015
BRIEF Having worked with Wigmore Hall in the past, we were...

172% increase in non-brand profit year-on-year for Virgin Holidays

19/05/2015
Virgin Holidays is the largest transatlantic tour operator...