Yougov Plc · LSE:YOU
Yougov — FY2015 Earnings Presentation
27 slides from Yougov's earnings presentation, July 2015
Slide 1: Preliminary Results to 31 July 2015
Preliminary Results to 31 July 2015 Global products driving strong organic growth
Slide 2: FY15 Summary
Full-Year Results to 31 July 2015 FY15 Summary Overall revenue growth well ahead of the market at 13% Adjusted operating profit up by 16% Global products driving strong organic growth New YouGov Profiles product launched in UK, Germany and USA Newest markets – Asia Pacific and France – per
Slide 3: Financial Update
Financial Update Alan Newman - CFO
Slide 4: Financial Highlights
Full-Year Results to 31 July 2015 Financial Highlights Year to Year to 31 July 2015 31 July 2014 % Change £m £m Revenue 76.1 67.4 13% Adjusted Operating Profit* 8.6 7.4 16% Adjusted Operating Profit Margin (%) 11.3% 11.0% - Adjusted Profit before Tax 9.1 7.7 19% Adjusted Earnings per Share 7.0p 6.1p
Slide 5: Group Income Statement
Full-Year Results to 31 July 2015 Group Income Statement Revenue growth of £8.7m 2015 2014 £m £m Operating Margin increases to 11.3% Gross Profit Margin increases by Group Revenue 76.1 67.4 0.5% to 77% Cost of Sales (17.5) (15.8) Adjusted Operating Profit up 16% Gross Profit 58.6 51.6 Adju
Slide 6: Balance Sheet
Full-Year Results to 31 July 2015 Balance Sheet Year to 31 July 2015 £m Year to 31 July 2014 £m Assets Receivable days down Goodwill 35.8 36.3 Other intangible assets 10.4 10.3 to 56 from 64 Other non-current assets 7.5 5.7 Creditor days decreased 53.7 52.3 to 38 days from 44 days Current Assets
Slide 7: Cash Flow
Full-Year Results to 31 July 2015 Cash Flow Year to Year to 31 July 2015 31 July 2014 Cash flow generated from £m £m operations of £10.3m: 120% Reported operating profit 2.9 1.0 of adjusted operating profit Non cash movements 6.2 6.1 Investing activities of £6.2m includes £4.6m on technology Net
Slide 8: Segmental Analysis by Global Product and Service
Full-Year Results to 31 July 2015 Segmental Analysis by Global Product and Service Year to Year to % 31 July 2015 31 July 2014 Revenue Change £m £m Data Products 11.9 9.4 26% Data Services 14.3 12.1* 18% Total Data Products & Services 26.2 21.5* 22% Custom Research 49.9 45.9* 9% Group 76.1 67.4 13%
Slide 9: Segmental Analysis by Global Product and Service
Full-Year Results to 31 July 2015 Segmental Analysis by Global Product and Service Year to Year to Operating Margin % 31 July 31 July % Adjusted Operating Profit 2015 2014 Change 2015 2014 £m £m Data Products 2.3 1.8 24% 19% 19% Data Services 4.5 4.0 14% 32% 33% Total Data Products & Services 6.8 5.
Slide 10: Segmental Analysis by Geography - Revenue
Full-Year Results to 31 July 2015 Segmental Analysis by Geography - Revenue Year to Year to 31 July 2015 31 July 2014 Change Revenue Revenue % £m £m UK 22.9 19.4 18% USA 25.9 21.9 18% Middle East 10.7 10.1 6% Germany 8.9 8.9 - Nordic 7.5 8.0 (6%) France 1.2 0.8 53% Asia Pacific 1.4 0.2 641% Corporat
Slide 11: Segmental Analysis by Geography – Operating Profit
Full-Year Results to 31 July 2015 Segmental Analysis by Geography – Operating Profit Year to Year to Year to Year to 31 July 2015 31 July 2014 31 July 2015 31 July 2014 Operating Operating Margin Margin Profit Profit % % £m £m UK 5.6 24% 5.0 26% USA 4.6 18% 3.0 14% Middle East 1.5 14% 2.2 22% German
Slide 12: Operational Update
Operational Update Stephan Shakespeare - CEO
Slide 13: Strong growth in data products and services
Full-Year Results to 31 July 2015 Strong growth in data products and services Revenue (£m) 80.0 70.0 34% 60.0 Our goal is to bring the proportion of 50.0 26% revenue from 40.0 Data Products & Services 30.0 closer to parity 20.0 with Custom Research 10.0 0.0 FY12 FY13 FY14 FY15 Custom Reseach Data Pr
Slide 14: BrandIndex Revenue Growth
Full-Year Results to 31 July 2015 30% Our flagship brand BrandIndex Revenue Growth Growth in FY15 intelligence service 12.0 Subscribers can 10.0 monitor their brand, competitor brands and 8.0 entire sectors, all in Revenue (£m) real-time 6.0 Half Yr Full Yr Coverage grown to 21 countries 4.0
Slide 15: Omnibus Revenue Growth
Full-Year Results to 31 July 2015 18% Growth Omnibus Revenue Growth Streamlined, highly- in FY15 14 efficient production model 12 Market leader in UK 10 Now operating in UK, Revenue (£m) 8 US, France, Germany, Half Yr Nordic, Middle East 6 Full Yr and Asia Pacific 4 1,000+ clients 2 worldwid
Slide 16: Full research programme providing a range of related research
Full-Year Results to 31 July 2015 Full research programme providing a range of related research (often on annual contracts) including tracking, individual studies, profiling and omnibus services (e.g. ITV, Coca Cola, Google) Multi client/syndicated studies Regular surveys sold to multiple client
Slide 17: Delivering the strategy
Delivering the strategy Stephan Shakespeare - CEO
Slide 18: YouGov tops best-seller list in Germany
Full-Year Results to 31 July 2015 YouGov tops best-seller list in Germany The Soul of Germany: “What Makes Us Germans Tick”
Slide 19: YouGov Profiler goes viral
Full-Year Results to 31 July 2015 YouGov Profiler goes viral The app received over 1m searches in first week
Slide 20: The power of participation
Full-Year Results to 31 July 2015 The power of participation Opigram Over 100,000 variables Survey responses + freely shared data fill the YouGov Cube
Slide 21: …reaping the benefit from our investment
Full-Year Results to 31 July 2015 YouGov’s technology turns collected data into connected data… …reaping the benefit from our investment
Slide 22: Our cloud-based big data statistical analytics system
Full-Year Results to 31 July 2015 Our cloud-based big data statistical analytics system Crunch application: released in alpha Connecting YouGov data with client data
Slide 23: The YouGov Cube underpins our syndicated data products
Full-Year Results to 31 July 2015 The YouGov Cube underpins our syndicated data products The AA’s new advertising campaign launch (June 2015) The day before the AA launched its new UK Four weeks after the campaign campaign, just 6% of the 50+ age group launch, awareness in this age recalled seeing a
Slide 24: Our new product
Full-Year Results to 31 July 2015 Our new product People who shop at Ocado I trust broadsheets more than I trust tabloid newspapers Shows what is particularly true of people who shop at Ocado compared to the general population YouGov Profiles: provides the holistic view
Slide 25: Our consistent five point strategy
Full-Year Results to 31 July 2015 Our consistent five point strategy Making good progress on all these objectives
Slide 26: Growing our geographic presence
Full-Year Results to 31 July 2015 Growing our geographic presence EUROPE London Berlin - NEW Malmö Bucharest* - NEW Oslo Cologne Paris Copenhagen Stockholm Helsinki Warsaw* NORTH AMERICA ASIA PACIFIC New York, N.Y. Bangkok - NEW Palo Alto, CA. Hong Kong Portland, OR. Jakarta Waterbury, CT. Kuala Lum
Slide 27: Group Outlook
Full-Year Results to 31 July 2015 Group Outlook Current trading is in line with the Board’s expectations Continued opportunities for BrandIndex and Omnibus to maintain fast global growth YouGov Profiles showing good potential among existing clients and the broader marketing community First m