Next15 reports increased revenue in 2013

next152013 Revenues increased by 5% to £96.1m from £91.6m last year  and adjusted profits before tax of £7.7m compared with £9.6m last year.The Group saw an improvement in organic growth from 1% at the interim stage to 2% for the full year, following gains made in H2, led by our North American businesses. During the second half of the year the US grew at an impressive 17% on an organic basis and now accounts for 55% of Group revenues. Using the new divisional splits introduced at the interim stage, Integrated Agencies (84% of Group revenues) grew by a total of 3% and Specialist Agencies grew by 15%. For the full year, the UK saw its revenues decline by 3% primarily due to net client losses at the end of the prior year, EMEA remained flat and APAC declined by 2% given local currency movements. At the same time, the US grew revenues by 11%.

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