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Taylor Nelson Sofres Confident Of ‘Steady’ Growth In 2002

Taylor Nelson Sofres Confident Of ‘Steady’ Growth In 2002

Research company Taylor Nelson Sofres released full year results for 2001 this morning revealing profits up slightly ahead of expectations. Pre-tax profit was up 15% before goodwill charges rising from £37.8 million in 2000 to £43.5 million. Underlying growth was 6.1% for the year ahead of estimated market growth of 5%.

Revenue Growth In Specialist Sectors 
  2001 2000 Reported Underlying
  £m %
Consumer 182.6 162.4 12.5 6.9
Media 152.3 106.6 42.8 5.4
Business Services 83.6 71.3 17.1 5.3
IT/Telecoms 59.8 52.7 13.4 4.3
Healthcare 42.8 35.1 22.1 20.5
Other 61.6 51.2 20.6 -1.2
Total  582.7  479.3  21.6  6.1 
Shares in TNS rose following the announcement, rising to 237½ by 10am from an opening price of 228½.

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