REG - Ebiquity PLC - Trading Update and Notice of Interim Results

EbiquityAnnouncement

06/08/2025 08:30

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RNS Number : 2077U  Ebiquity PLC  06 August 2025

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 as it forms part of retained EU law pursuant to
the European Union (Withdrawal) Act 2018 ("MAR"). Upon the publication of this
announcement via a Regulatory Information Service ("RIS"), this inside
information is now considered to be in the public domain.

 

 

6 August 2025

 

Ebiquity plc

("Ebiquity" or the "Company")

 

Half Year Trading Update and Notice of Interim Results

 

Growth across UK & Ireland and Continental Europe

 

Trading in line with Board expectations

 

Ebiquity plc ("Ebiquity" or the "Group"), a world leader in media investment
analysis, provides a trading update in respect of the six-month period ended
30 June 2025 ("H1 2025") ahead of publication of its H1 2025 interim results
on 29 September 2025.

 

H1 2025 Performance

 

H1 2025 Group revenue is expected to be £37.9m, in line with the prior year
(H1 2024: £37.9m) and increasing by 1% on a constant currency basis.
Excluding North America, the Group delivered revenue growth of 5% compared to
the prior year (6% on a constant currency basis).

 

Total Group adjusted H1 2025 operating profit¹ is expected to be
approximately £2.6m, representing strong 10% year-on-year growth (H1 2024:
£2.3m) and 11% year-on-year growth on a constant currency basis, with an
improved adjusted operating margin of 6.8% (H1 2024: 6.2%).

 

While the Group's international operations delivered a satisfactory
performance with growth across UK & Ireland and Continental Europe, and
strong growth in the Contract Compliance service line, North America was
significantly impacted during the period by challenging market conditions with
ongoing economic uncertainty affecting client spending.

 

The significant North American market continues to offer attractive growth
opportunities for the Group and investment in the region continues, to ensure
that Ebiquity is positioned favourably ahead of an improvement in market
conditions. To capitalise on emerging opportunities in North America and to
provide experienced leadership to drive regional growth, the Group was pleased
to have promoted Michele Harrison to Managing Director, Americas in June 2025.

 

With contractual visibility and a pipeline of potential opportunities in the
second half, the Board currently expects the current financial year to follow
the Group's historical record of being second half-weighted and that trading
for the full year continues to be in line with market expectations.

 

Financial Position

 

Net debt as at 30 June 2025 was £15.0m (31 December 2024: £15.6m), with cash
balances of £8.9m (excluding restricted cash). The Group maintains
comfortable covenant headroom and sufficient liquidity within existing bank
facilities, with undrawn facilities of £11.0m.

 

Ruben Schreurs, Chief Executive Officer, commented:

 

"H1 2025 has demonstrated the underlying resilience of our international
business, with strong growth across our key regions outside North America. We
continue to monitor the challenging US macroeconomic environment closely and
our global operations position us well for continued progress. I am confident
that the actions that we are taking will deliver improved returns going
forward."

 

¹ Adjusted operating profit is defined as operating profit excluding
share-based payments, amortisation of purchased intangibles and non-recurring
items.

 

Enquiries:

 Ebiquity plc                                                   +44 (0) 20 7650 9600

 Dorcas Murray, Company Secretary

 Cavendish Capital Markets                                       +44 (0) 20 7220 0500

 Nominated Adviser and Sole Broker

 Ben Jeynes/ George Lawson/ Hamish Waller - Corporate Finance

 Julian Morse/ Louise Talbot/ Sunila de Silva - Sales/ ECM

 Camarco

 Phoebe Pugh                                                     +44 (0) 7586 714 048

 Alex Campbell                                                  +44 (0) 7710 230545

 

About Ebiquity plc

 

Ebiquity plc (LSE AIM: EBQ) is a world leader in media investment analysis. It
harnesses the power of data to provide independent, fact-based advice,
enabling brand owners to perfect media investment decisions and improve
business outcomes.

 

For further information, please visit: www.ebiquity.com
(http://www.ebiquity.com/)

 

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