Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNFC.L Share News (NFC)

  • There is currently no data for NFC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

US fuels growth for Next Fifteen

Tue, 25th Jan 2011 11:59

Technology and consumer-focused PR firm Next Fifteen Communications has made a good start to its financial year and it is on course for revenue and earnings growth of more than 10% this year. The US continues to grow strongly with Asia not far behind. The UK is starting to pick up but the rest of Europe remains flat. Chief executive Tim Dyson says that digital remains the main focus of acquisitions. The group has won work for social network gaming companies, Zynga and Playfish. Although these were not directly won by the digital agency Beyond, the expertise it provided helped to gain the work. Dyson says that the money spent on digital does not all come from the normal PR budget and it enables the group to generate revenues from other parts of the marketing budget. AIM-quoted Next Fifteen is also looking for acquisitions in emerging markets and in the healthcare sector - pharma and medical technology. The most recent acquisition is 85%-owned technology-focused investor relations provider Blueshirt. The US-based company is performing well and Dyson believes that a large US flotation, by a high-profile company such as Facebook, could spark the IPO market back into life. There are already signs of improvement but IPO levels remain relatively low. Edison Investment Research forecasts a rise in revenue from £72.3m to £80.6m in the year to 1 August 2011. Underlying profit is expected to rise from £6.61m to £8m, while fully diluted earnings per share are forecast to grow from 7.5p a share to 8.4p a share. The interim figures will be published on 5 April.
More News
21 Nov 2013 15:57

BlackRock Trusts See Net Asset Value Growth

Read more
5 Nov 2013 12:26

UK WINNERS & LOSERS: RSA, CSR Lead FTSE 350 Fallers; M&S Gains On Online Sales

Read more
5 Nov 2013 11:55

Shares In Next Fifteen Jump 9.2% As Dividend Raised, Pretax Profits Hit By Fraud Charges

Read more
5 Nov 2013 08:57

Tuesday broker round-up UPDATE

Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target

Read more
31 Oct 2013 08:52

Thursday broker round-up UPDATE

African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target

Read more
29 Oct 2013 12:21

UK WINNERS & LOSERS: Housebuilders Doing Well After Liberum Upgrades

Read more
29 Oct 2013 10:17

BROKER RATING CHANGES: Liberum Raises Housebuilders

Read more
29 Oct 2013 09:32

Next Fifteen Communications Shares Drop 21% On Profit Warning; Exec Leaves

Read more
29 Oct 2013 08:42

Next Fifteen tumbles on profit warning, FD resigns

The finance director of public relations group Next Fifteen has resigned as the company issued a profit warning. The AIM-listed group warned that full year profits would be "materially" short of expectations due to "audit adjustments" related to "issues" in its Bite agency, which it merged with an

Read more
3 Sep 2013 11:13

Tuesday broker round-up

ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta

Read more
3 Sep 2013 10:37

Next Fifteen warns on profit

Next Fifteen Communications has warned its adjusted profits will be 'modestly' below the previous year. The group said the drop was the result of continued restructuring at Bite (which previously had operational challenges and changes in senior management) and investment in the group's digital cap

Read more
23 May 2013 08:35

Thursday broker round-up UPDATE

Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p

Read more
25 Apr 2013 09:07

Thursday broker round-up UPDATE

Barclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:

Read more
23 Apr 2013 15:25

Next 15 drops, restructuring charges to affect second half

Next 15 Communications (NFC), the AIM-listed agency which is currently undergoing a transformation from traditional PR firm to digital communications group, saw shares drop sharply on Tuesday after warning that its full-year results will be affected by higher-than-expected restructuring charges. Ne

Read more
23 Apr 2013 11:08

STOCKS NEWS EUROPE-UK small caps Climb 0.1 pct at midday

UK small caps are 0.1 percent higher at mid-session, compared to gains of around 1 percent on both the mid-caps and the blue chips . Highland Gold rises 5 percent after the Russia-focused miner posts an 18.5 percent increase in 2012 net profit to $123 million, thanks to rising gold sales.Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.