Business
Half Year Results
Half Year Results.
About this update from Yougov Plc
[{"type":"text","content":"\n \nRNS Number : 7550U YouGov PLC 02 April 2019 \n\n2 April 2019\nYouGov plc\n \nHalf Year results for the six months to 31 January 2019\n \nStrong earnings growth in line with current five-year plan\n \n\n\n\n\nSummary of Results\n\n\n\n\n \n\n\nUnaudited\nsix months to\n31 January 2019\n£m\n\n\nUnaudited\nsix months to\n31 January 2018\n£m\n\n\nChange\n%\n\n\nAudited\nfull year\n to\n31 July\n 2018\n£m\n\n\n\n\nRevenue\n\n\n66.5\n\n\n56.3\n\n\n18%\n\n\n116.6\n\n\n\n\nStatutory EBITDA\n\n\n13.2\n\n\n8.5\n\n\n55%\n\n\n20.0\n\n\n\n\nAdjusted Operating Profit1\n\n\n12.5\n\n\n8.8\n\n\n41%\n\n\n19.7\n\n\n\n\nAdjusted Operating Profit Margin (%)1\n\n\n19%\n\n\n16%\n\n\n3%\n\n\n17%\n\n\n\n\nAdjusted Profit before Tax1\n\n\n13.7\n\n\n10.7\n\n\n28%\n\n\n23.3\n\n\n\n\nAdjusted Earnings per Share1\n\n\n9.6p\n\n\n7.3p\n\n\n33%\n\n\n16.6p\n\n\n\n\nStatutory Operating Profit\n\n\n8.4\n\n\n4.4\n\n\n92%\n\n\n11.8\n\n\n\n\nStatutory Profit before Tax\n\n\n8.3\n\n\n4.5\n\n\n85%\n\n\n11.8\n\n\n\n\nStatutory Earnings per Share\n\n\n5.4p\n\n\n2.2p\n\n\n142%\n\n\n7.7p\n\n\n\n\n \nFinancial highlights \n· Revenue growth of 18% (2018: 10%) - Underlying business2 growth of 10% \n· Adjusted operating profit1 up by 41% to £12.5m - 35% underlying business2 growth\n· Adjusted profit before tax1 up by 28% to £13.7m \n· Adjusted earnings per share1 up by 33% to 9.6p (2018: 7.3p) \n· Adjusted operating profit margin1 up 3 percentage points to 19%\n· Statutory operating profit up 92% to £8.4m\n· Net cash balances of £25.0m (31 January 2018: £21.3m)\n \nOperational highlights \n· Data Products & Services revenue up by 34% to £37.2m (17% from underlying business2); now representing 54% of total (2018: 49%)\no Data Products revenue increased by 35% (26% from underlying business2) to £19.4m\no Data Services revenue increased by 33% (9% from underlying business2) to £17.8m\n· Custom Research revenue increased by 4% to £30.4m; continued strategic focus on higher margin work resulting in a 15% increase in operating profit to £7.9m\n· US remains the largest driver ...