Picture of YouGov logo

YOU YouGov News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid CapNeutral

REG - YouGov PLC - Pre-Close Trading Update and Notice of Results

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220128:nRSb8997Za&default-theme=true

RNS Number : 8997Z  YouGov PLC  28 January 2022

28 January 2022

YouGov plc

 

("YouGov" or "the Group" or "the Company")

Pre-Close Trading Update and Notice of Results

 

-     Growth anticipated to be slightly ahead of the Board's expectations
for the current

financial year

 

 

YouGov, the international research and data analytics group, today issues a
trading update for the six months ending 31 January 2022.

 

YouGov has performed well during the period, with continued growth seen across
all divisions and geographies. The Group's performance has largely been driven
by custom tracking work, benefitting from the strong sales pipeline, and the
Data Products division as momentum in newer products and a renewed focus on
subscription sales has delivered solid results. The transformation of the
sales structure over the past year has continued to result in larger and more
strategic client wins. Geographically, the US and Mainland Europe remain the
key growth drivers.

 

As a result of the trading position in the first half, we are pleased to
report that the full year results to 31 July 2022 are expected to be slightly
ahead of the Board's expectations. The sales pipeline remains robust giving us
continued momentum into the second half of the financial year. Consequently,
the Board remains confident of achieving top-line growth for the full year in
line with the current long-term strategic growth plan, with modest margin
expansion due to continued investment in the business. To support future
growth in keeping with its strategy, YouGov has maintained investment in its
panel, technology and platform at a similar level to the prior year.

 

During the period, the Company entered into a new Revolving Credit Facility
(RCF) with an initial drawdown of £20 million for general corporate purposes.
The facility has a three-year term with the option to extend for up to an
additional two years.

 

Notice of Results

 

YouGov will publish its results for the six months ended 31 January 2022 on
Tuesday 22 March 2022. The YouGov management team will host a conference call
on the day at 9.30am. Should you wish to attend please contact FTI Consulting:
SCyougov@fticonsulting.com

 

Enquiries

 YouGov plc

 Stephan Shakespeare / Alex McIntosh / Hannah Jethwani              020 7012 6000

 FTI Consulting

 Charles Palmer / Elena Kalinskaya / Stephen Samuel                                         020 3727 1000

 Numis Securities (NOMAD and Joint Broker)

 Nick Westlake / Hugo Rubinstein / Matt Lewis                       020 7260 1000

 Berenberg (Joint Broker)

 Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff       020 3207 7800

 

 

 

About YouGov

YouGov is an international research and data analytics group.

Our mission is to supply a continuous stream of accurate data into what the
world thinks, so that organisations can better serve the communities that
sustain them.

Our 17 million registered members provide us with a highly engaged proprietary
panel that delivers thousands of data points on consumer opinions, attitudes
and behaviour on a daily basis. We combine this continuous stream of data with
our research expertise to provide insights that enable intelligent
decision-making and informed conversations.

With operations in the UK, the Americas, Europe, the Middle East, India and
Asia Pacific, YouGov has one of the world's largest research networks.

YouGov

Best panel

Best data

Best tools

For further information visit yougov.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTBLGDBUXDDGDR

Recent news on YouGov

See all news