Business
Interim Management Statement
Interim Management Statement.
About this update from Yougov Plc
[{"type":"text","content":"\n YouGov PLC\n07 December 2007\n\n7 December 2007\n\n\n\n YouGov plc\n\n Interim Management Statement\n\n\n\nYouGov plc (YouGov or the Group), the UK's leading online market research\nagency, which holds it's AGM today, at 10am, issues the following Interim\nManagement Statement covering the period from the beginning of the financial\nyear, 1 August 2007, to date.\n\n\nSince the start of the year, trading across the Group, including the three\nbusinesses recently acquired, has been in-line with the Board's expectations.\n\n\nIntegration of the three acquisitions in Scandinavia, America and Germany,\ncompleted on 14 September, is progressing well and according to plan.\nIntegration of these businesses is a continuous process and has strong\ncommitment from all staff members around the Group, with strong leadership teams\nin place within each business/geographical hub.\n\n\nOur key business leaders meet formally on a monthly basis at the Operations\nBoard which acts as a forum at which integration is managed.\n\n\nFinancial reporting, systems and controls are operating effectively and a\nunified reporting platform is being implemented across the Group.\n\n\nOur product roll-out plan continues to have momentum, with BrandIndex due to be\nfully operational in Germany, Scandinavia and America in the first quarter of\nnext calendar year.\n\n\nThe establishment of an online hub in Germany is progressing well with panel\nbuilding underway and a current panel of 2,000 and full scale recruitment\ncommencing on Monday.\n\n\nIn November we appointed a Group Chief Technology Officer to lead the\ntechnological integration to ensure that we are able to garner the best elements\nof our technology offering from around the group and to unify our platform.\n\n\nThe Board remains positive about the Group's future prospects.\n\n\nNadhim Zahawi, Chief Executive of YouGov plc commented:\n\n\n'The integration of our three new businesses is progressing as planned\nreflecting the detailed integration strategy outlined at the time of the\nacquisitions. Trading across the group is in line with our expectations and we\ncontinue to remain positive about the prospects of our enlarged group.'\n\n\nEnquiries:\n\nYouGov plc Nadhim Zahawi (CEO) Tel: 020 7012 6000\n Katherine Lee (CFO)\n\nNumis Securities Limited Nick Westlake Tel: 020 7260 1000\n\nFinancial Dyna...