Analyst Research Report Snapshot

Title:

NEXT FIFTEEN COMMUNICATIONS - +VE TRADING, -VE HEDGING

Price:

$10.00

Provider:

Edison Investment Research

Date:

27 Jan 2009

Pages:

2

Type:

AcrobatPDF

Companies referenced:

NFC.L

Available for Immediate Download
Summary:

In today’s AGM statement, Next Fifteen reported that the group has made a good start to the year. Interim results to 31 January 2009, before significant costs of FX hedging, are expected to be ahead of the comparative period last year. However, management is not expecting to be immune to the uncertain economic climate and has responded to a number of clients reducing their 2009 PR budgets by lowering operating costs. The balance sheet remains strong with net cash after final payments in respect of the Lexis and OutCast acquisitions. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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