Slide 1: YouGov HY23 Results Presentation
YouGov HY23 Results Presentation 21 March 2023 Consumer Intelligence | corporate. yougov.com
Slide 2: Forward-looking statements
This presentation contains forward-looking statements that reflect YouGov's current views with respect to future events and financial and operational performance. These forwarc-looking statements are based on YouGov's beliefs, assumptions and expectations regarding future events and trends that affe
Slide 3: HY23 Results presentation
HY23 Results presentation YouGov’ Key highlights Financial review Operational updates Current trading & outlook
Slide 4: Key highlights
Key highlights 4 YouGov’ Revenue £131.4m T 30% reported T 13% underlying basis Adjusted operating profit £22.1m 16.8% margin T 58% underlying 4 300 bps Adjusted EPS ‘highlights 18.2p T 81% reported T 50% underlying basis
Slide 5: Key highlights
Key highlights 5 Financial Updates * Strong top-line growth against an uncertain macro backdrop o Recovery in the UK and continuing to see several multi- year opportunities * Sales pipelines remains healthy * Significant margin expansion as benefits of operational leverage and cost control come thro
Slide 6: 11% 16%
11% 16% 14
Slide 7: Financial review
@ O1 @ Financial review
Slide 8: Financial review: revenue growth
Financial review 8 YouGov Financial growth (£m) Underlying growth across all Serrano tas geographies HY 2022 HY 2023 Strong momentum maintained across the business despite difficult macro- economic environment Revenue growth of 30% on a reported basis Revenue! by Geography (£m) * 11% positive FX imp
Slide 9: 23% 24% 6% 4% 3% 5% 5% 6% 7% 6% • 8% 8% •
23% 24% 6% 4% 3% 5% 5% 6% 7% 6% • 8% 8% • 10% 9% • 8% 9% • 14% 12% 17% 18%
Slide 10: Financial review: adjusted operating profit
Financial review 10 YouGov’ HY 2023 Adjusted Operating Profit’ (£m) Growth in adjusted operating profit to driven by the key US 13) © snc | © Asia Pacific © Mice East market ." @ Americas Operating profit margin expanded to 17% (HY22: 14%) on the back of tighter cost senvetang nee ss + Underlying! g
Slide 11: Financial review: cash generation
Financial review nN Stable cash generation despite continued investment Cash generated from operations maintained at £30.5m (HY22: £30.9m) * Cash conversion at 87% of adjusted EBITDA; lower than prior year due to timing of working capital requirements * Cash outflow from investing activities include
Slide 12: Operational updates
02 Operational updates
Slide 13: Operational updates: Data Products
Operational updates 13 YouGov Data Products Continued growth off a high comparable base + Commercial drive to maintain high subscription renewal rates during the peak renewal season yielded strong results + Double-digit growth! seen across all geographies with the exception of Mainland Europe; US re
Slide 14: Operational updates: Data Services
Operational updates 14 YouGov Data Services Performance in the division impacted by declines in Mainland Europe + Reduced volumes of PR activity seen amidst geopolitical instability in Europe. * Higher levels of customisation by clients led to reclassification of some projects to the Custom Research
Slide 15: Operational updates: Custom Research
Operational updates 15 YouGov Custom Research Client demand for customised research being driven by increased global coverage and need for high-quality data * Sustained momentum in Custom Research driven by: © Growth in the US, particularly from the technology and gaming sector, as our advanced anal
Slide 16: Current trading & outlook
03 Current trading & outlook
Slide 17: Current trading & outlook
Current trading & outlook 17 > Current Trading and Outlook Sales pipeline remains healthy and continues to provide good visibility into H2 2023 Some slowdown in client decision making on more discretionary spend may impact the speed and level of spending No other material changes in client behaviour
Slide 18: Copyright notice
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