Bonkers Bargain impresses | Modestly valued marketing
News covered here includes our thoughts on results from several modestly valued companies from the marketing world. Elsewhere, one of our Bonkers Bargain opportunities impressed with excellent results and a positive trading update while one of our Stonking Small Cap opportunities saw its shares bounce on positive news surrounding a patent claim. Read on here for our thoughts on this and other news (Free to read)
Next15: holding up better than most and share buy back suggests confidence Next 15 (AIM:NFG), which refers to itself as a “tech and data-driven growth consultancy” but is essentially in the advertising and marketing business, announced interim results for the six months ended 31 July 2023. Net revenue increased by 5% to £286.4m while adjusted profits were 8% lower at £55.6m, partially reflecting the exceptionally strong prior year comparators driven by the performance delivered by its Mach49 business. Adjusted diluted earnings per share fell 14% to 37.9 pence. Profitability was impacted compared with the first half of the prior year…