Yougov Plc · LSE:YOU
Yougov — FY2024 Earnings Presentation
7 slides from Yougov's earnings presentation, Aug 6, 2024
Slide 1: FY24 Trading Update
06 August 2024 FY24 Trading Update = , ation
Slide 2: Disclaimer
2 HY24 Results presentation YouGov’ Disclaimer This presentation contains forward-looking statements that reflect YouGov’s current views with respect to future events and financial and operational performance. These forward- looking statements are based on YouGov’s beliefs, assumptions and expectati
Slide 3: FY24 results expected to be slightly ahead of revised guidance
a YouGov’ FY24 results expected to be slightly ahead of revised guidance Revenue (FY24) £327-330m Adjusted Operating Profit (FY24) £43-46m Leverage Ratio? (31 July 2024) Ox Mid-single-digit growth! in Research: + Strong demand for customised research projects and trackers * Offset with declines in f
Slide 4: Factors that led to the guidance revision in June
Factors that led to the guidance revision in June + Revenue miss: High drop through of revenue shortfall to profitability due to limited ability to reduce fixed cost base inQ4 * Higher COGS: Mainly due to external data collection costs related to the nature of custom projects won in Q3 FY24 (B2B res
Slide 5: Streamlining to be a more efficient, focused business
5 YouGov’ Streamlining to be a more efficient, focused business, while continuing to invest for innovation and growth \ Annualised cost savings anticipated + Right-sizing teams, c. 7% roles impacted + Optimising panel spend Increased £20m * Reducing third-party suppliers and costs Effi ° e * Discont
Slide 6: Looking ahead and summary
6 YouGov Looking ahead and summary Competitive advantage Continued innovation FY25 return to growth + YouGov's right to win remains clear + Deepening use of Al/ML across * Significant market opportunity and supported by a combination of: products and teams through the remains acquisition of Yabble P
Slide 7: Living consumer intelligence
Living consumer intelligence | business.yougov.com YouGov, 2024, all rights reserved. All materials contained herein are protected by copyright laws. Any storage, reproduction or distribution of such materials, in whole or in part, in any form without the prior written permission of YouGov is prohib