Slide 1: Interim Results
turning human understanding Interim Results
Slide 2: Turning human understanding into business advantage
Turning human understanding into business advantage John Kearon, Chief Juicer 2
Slide 3: Helping to make brands famous
DECISION Helping to make brands famous 3
Slide 4: 15 Offices in 11 countries
15 Offices in 11 countries Research in 60+ countries, 140+ people, 200+ clients Rotterdam London Los Angeles Hamburg Paris Lausanne Milan Chicago New York Austin New Delhi Shanghai Singapore Sao Paulo Melbourne (licence partner) Key: = Office = Licence Partner 4 = Undertaken Research
Slide 5: H1 2014
H1 2014 Revenue (£m) 30 H2 25 H1 20 Revenue up 4% 15 (10% in constant currency terms) 10 5 Overhead costs flat 0 2007 2008 2009 2010 2011 2012 2013 2014 Operating profit up 18% Operating profit (£m) 4.0 H2 PBT up 17% 3.5 H1 3.0 EPS up 12% 2.5 2.0 1.5 1.0 0.5 0.0 5 2007 2008 2009 2010 2011
Slide 6: Revenue mix
Revenue mix Juicy vs Twist Juicy Twist Total Twist 18% Quantitative research £7.66m £2.02m £9.68m Juice Generation £1.30m - £1.30m Juicy Behaviour Change Unit £0.22m - £0.22m 82% Total £9.18m £2.02m £11.20m Behaviour Type of research change unit 2% growth Juicy Twist Total Juice Generation 12% Quant
Slide 7: Geographic split
Geographic split Revenue Revenue Operating profit Rest of world 16% UK £4.16m - 4% £2.30m - 7% UK Continental Europe 37% US £3.55m - 5% £1.59m + 2% 16% Continental Europe £1.74m + 6% £0.45m + 10% US 32% Brazil £0.79m + 24% £0.21m + 241% China | Singapore £0.74m + 65% £0.26m + 267% Operating profit R
Slide 8: Cash flow
Cash flow H1 2014 H1 2013 Operating cash flow £0.59m £2.35m Main difference in cash flow pre- financing is staff bonus Tax paid £(0.64)m £(0.37)m - large 2013 bonus paid in H1 2014 - negligible 2012 bonus paid in H1 2013 Capex £(0.09)m £(0.03)m Modest Capex requirements Cash flow before financin
Slide 9: Summary
Summary Headline figures paint a relatively flat picture After allowing for FX movements growth more healthy Core quantitative business reflects underlying progress Remain confident in our positioning Usual caveat … limited revenue visibility 9