Agency CEO Vacancy via PSD



TNS Results Excellent All Around
18/09/00



Taylor Nelson Sofres has reported excellent interim results for the six months ended 30 June 2000. Turnover and pre-tax profit increased by almost a quarter with good underlying revenue growth registered in all business regions and sectors.

Turnover increased by 22.5% to £215.1m, whilst profit before tax (before goodwill amortisation) climbed by 22.8% to £15.6m. Earnings per share (before goodwill amortisation) rose 22.2% to 2.8p.

The margin improvement reflects continued cost efficiencies and a changing business mix.

According to Executive Chairman, Tony Cowling, "The first half of the year represented solid progress across all regions and sectors. These results underline the success of our strategy and the benefits we are deriving from developing our specialist sectors into worldwide businesses, through our global network. We continue to build our continuous and syndicated services, while focusing our additional development spend on Internet solutions.

Our markets are maintaining similar growth rates to last year and progress so far in the second half indicates that we are on track to achieve anticipated levels of performance."