Media communication and market research group Aegis Group Plc has today announced, in their pre-close trading statement, a positive performance in 2004 and a strong outlook for 2005, resulting in a share price increase of 3.23%, to close at 103.75p in yesterday’s market.
The Group had a successful past 11 months and the Board is confident that results for the full year will be in line with predictions made earlier in 2004 (see
Aegis Performing Ahead Of Last Year) and that it is well placed to deliver further growth in 2005.
Aegis’ media operations performed well throughout 2004, with turnover ahead on a year on year basis. Subsidiary company Carat continued the positive trend, performing well over the past year and increasing its market share. The company performed well in the US, Asia-Pacific and although Carat France lost a number of clients toward the end of the year, trading on the European market was still strong.
Synovate, the market research arm of Aegis, made good progress in 2004, with particularly good growth in Europe and Asia-Pacific. The company saw excellent progress in the practice areas of product testing, consumer motivation and customer satisfaction as well as in its specialist healthcare and automotive research businesses.
Other Aegis owned businesses, Vizeum, Isobar and Posterscope, all made a good contribution to group results, expanding in client base and acquisitions.
The Group will be announcing its preliminary results on 8th March.
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