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(Sharecast News) - Marketing firm Next 15 said on Wednesday that full-year trading was expected to be in line with market forecasts for net revenue of £450m and adjusted operating profits of £66.6m, supported by strong performances across several parts of the group.
Next 15 said its Transform division continued to outperform, securing a place on the Tech Services 4 Framework and, with partner i10, winning its largest-ever contract - a fouryear technology and data deal for the Department for Education. It also said M Booth Health had delivered strong secondhalf growth on the back of new client wins.
The AIM-listed group said new business opportunities were increasing, helped by crossselling and efficiencies from its shift toward a more unified strategy, as well as actions taken to simplify the organisation and focus investment on data, technology and AI.
Looking ahead to FY27, Next 15 expects likeforlike revenue growth and further improvements in operating profit and margins, before £4m-6m of planned growth investment partly offset by cost savings.
As of 0945 GMT, Next 15 shares were down 2.10% at 350p.
Reporting by Iain Gilbert at Sharecast.com
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