Business
Full Year Results for the year ended 31 July 2019
Full Year Results for the year ended 31 July 2019.
About this update from Yougov Plc
[{"type":"text","content":"\n \nRNS Number : 0604P YouGov PLC 08 October 2019 \n\n \n \n8 October 2019\n \n \nYouGov plc\n \nFull Year Results for the year ended 31 July 2019\n \nStrong growth in earnings, exceeded targets for five-year plan\n \n\n\n\n\nSummary of Results\n\n\n\n\n \n\n\nYear to\n31 July 2019\n£m\n\n\nYear to\n31 July 2018\n£m\n\n\n%\nChange\n\n\n\n\nRevenue\n\n\n136.5\n\n\n116.6\n\n\n17%\n\n\n\n\nAdjusted EBITDA1\n\n\n28.6\n\n\n20.9\n\n\n37%\n\n\n\n\nAdjusted Operating Profit2\n\n\n18.3\n\n\n12.7\n\n\n45%\n\n\n\n\nAdjusted Operating Profit Margin (%)2\n\n\n13%\n\n\n11%\n\n\n2% pts\n\n\n\n\nAdjusted Profit before Tax2\n\n\n20.5\n\n\n16.3\n\n\n26%\n\n\n\n\nStatutory Profit before Tax\n\n\n19.5\n\n\n11.8\n\n\n65%\n\n\n\n\nAdjusted Basic Earnings per Share2\n\n\n14.9p\n\n\n11.5p\n\n\n30%\n\n\n\n\nStatutory Operating Profit\n\n\n19.8\n\n\n11.8\n\n\n69%\n\n\n\n\nStatutory Basic Earnings per Share\n\n\n14.2p\n\n\n7.7p\n\n\n84%\n\n\n\n\n \nFinancial Highlights\n· Revenue growth of 17% (2018: 9%) - Underlying business3 growth of 10% \n· Adjusted operating profit2 up by 45% to £18.3m - 45% underlying business2 growth\n· Statutory operating profit up 69% to £19.8m\n· Adjusted profit before tax2 up by 26% to £20.5m \n· Adjusted earnings per share2 up by 30% to 14.9p (2018: 11.5p) \n· Adjusted operating profit margin2 up 2 percentage points to 13%\n· Net cash balances of £37.9m (31 July 2018: £30.6m)\n· Recommended dividend increase of 33% to 4.0p per share, payable in December 2019 (2018: 3.0p per share)\n \nOperational Highlights\n· Data Products & Services revenue up by 32% to £78.7m (18% from underlying business3); now representing 56% of total (2018: 50%)\no Data Products: Revenue increased by 36% (25% from underlying business3) to £41.5m. Adjusted operating profit up by 50% to £14.1m.\no Data Services: Revenue increased by 28% (11% from underlying business3) to £37.2m. Adjusted operating profit up by 21% to £7.4m.\n· Custom Research revenue increased by 2% to £60.0m; contin...