What it does
The group’s aim is to build a group of specialised companies that can cover a wide range of sectors and geographies, allowing it maximum access to customers and international talent.
How it’s doing
Since lockdown restrictions eased, Next Fifteen has been raised its expectations over trading through a number of trading updates.
In an update in November, it said results this year will exceed both management and market expectations after a strong performance from its B2B businesses Activate, Twogether and Agent3.
“We anticipate results for the year ending 31 January 2021 will be ahead of current market expectations,” the AIM-listed group added.
Revenues in the three months to end October 2020 rose by 7% over a year earlier, while operating margins were also well up, the group said.
What the boss says: Peter Harris, CFO
- B2B businesses are going well
- US operations also picking up again
- Strong balance sheet makes acquisitions likely
- Net debt less than GBP1mln