Next Fifteen Communications Group Plc reports 11% rise in adjusted revenue

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Next Fifteen Communications Group Plc reports 11% rise in adjusted revenue

Next Fifteen Communications Group Plc (LON: NFC) has released its final results for the year ended 31 January 2020.

  • The company’s adjusted Net revenue improved by 11 per cent to £248.5 million as compared to £224.1 million in the previous year.
  • Operating profit after interest on finance lease liabilities (adjusted) was up by 11 per cent to £40.9 million as compared to £37.0 million in FY19.
  • Adjusted Profit before tax surged by 12 per cent to £40.2 million as compared to £36.0 million of the previous year.
  • On 23rd April 2020, at the time of writing, GMT 09:01 AM, NFC shares were trading at GBX 376.00, unchanged against the previous day closing price.

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