Next Fifteen increases its 2015 full year dividend by 20%

DividendMax Ltd.

Next Fifteen increases its 2015 full year dividend by 20%

Headline financial results for the year to 31 January 2016

      Year ended

31 January 2016


      Year ended

31 January 2015




Revenue     £129.8m       £109.2m       18.9%      
EBITDA     £19.2m       £14.6m       31.5%      
Operating Profit     £16.5m       £12.7m       29.9%      
Operating Profit Margin     12.7%       11.7%              
PBT     £16.1m       £12.5m       28.8%      
Diluted EPS     16.9p       13.2p       28.0%      
Dividend per share     4.2p       3.5p       20.0%      
Net debt     £6.6m       £8.6m              

Headline results represent the performance for the 12 months to 31 January 2016 adjusted to exclude acquisition related costs, one-off and acquisition related share based payment charges, amortisation and certain other non-recurring items. These are reconciled to the statutory numbers in note 2, 3 and the appendices.


  • Revenues increased by 18.9%
  • Group organic revenue growth of 7.8% with organic revenue growth of 14.1% in the US
  • Improving trend saw organic revenue growth increase to 10.9% in H2
  • Operating margin improves to 12.7% from 11.7%
  • Headline diluted earnings per share increased by 28.0%
  • Significant clients wins including Oculus,, and Etsy
  • Encore, IncrediBull, and ODD acquired during the year and performing to management expectations

Commenting on the results, Chairman of Next 15, Richard Eyre said:

“These are good times for Next 15. Organically and through acquisition, we have built a strong portfolio of modern, technology-driven marketing businesses. Pursuit of the group’s digital strategy has again delivered increased organic revenues and an expanded operating margin. The 17 different businesses that now make up Next 15 operate in major markets around the globe for many of the world’s most important growth companies; they employ teams of people who we believe can rival any of the most progressive marketing organisations in the world. Taken with these results and encouraging current trading, your Board has confidence that the current financial year should also be a year of progress for the Group.”

Companies mentioned