2007 News Archive

24th September 2007

Adventis Group plc Interim Results for the half-year ended 30th June 2007

Adventis Group plc, the specialist multi-media marketing and advertising agency, today announces its results for the half-year ended 30 June 2007.

Highlights

  • Turnover up by 52% to £24.9m (2006: £16.4m)
  • Profit before tax up 57% at £1.255m (2006: £0.799m)
  • Basic EPS up by 37% to 2.2p (2006 - 1.6p)
  • Interim dividend per share up 5% at 0.23p (2006 - 0.22p)
  • Acquisition of Leapfrog Medical Communications Ltd completed in January 2007
  • Major client wins include: Standard Life, Barclays, HBOS, Man Investments, Premier Resorts, Wandsworth Riverside Quarter, Weston Homes, Savills International (online media activity), Acorn Property Group, Partnership Assurance, Marketing Hub, Insuremore, Roche, Novartis, Pfizer, Schering Plough, Serono and GlaxoSmithKline
  • Strong balance sheet to support further acquisitions

Peter Mitchell, Chairman of Adventis Group plc, commented:

“The first six months of 2007 have seen the continued success of the Adventis Group plc strategy of jointly building marketing communications and sector specific knowledge, with the latter contained within a regulatory framework. Our pre-tax profit-to-revenue margin exceeds 20% which is a rare achievement amongst marketing services businesses.

We continue to focus on property, financial services and healthcare; sectors that demand high skill sets, a regulatory understanding and generate a consistent and profitable income. Our M&A activities resulted in the addition of Leapfrog Medical Communications in January, which has added the important area of medical communications services to our healthcare group and is a significant addition in both strategic and profit terms.

Our first half year results have exceeded our targets and the outcome for the remainder of the year looks encouraging.”

 

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