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BrainJuicer Predicts 25% H1 Revenue Increase

July 13 2011

International online specialist BrainJuicer is predicting that it will achieve a 25% increase in first-half revenue compared with last year's figure of £7.2m. The company has also announced the opening of a fourth US office, and the planned launch of operations in Singapore and Milan.

John KearonIn a trading statement issued this morning, ahead of its September interim results, the firm's Board said it is 'particularly pleased' with 2011 sales growth and product take-up in the US, where it has recently opened an operation in Atlanta to cover the southern region and complement its existing New York, Chicago and LA offices.

BrainJuicer is also planning to open a satellite office in Singapore in Q3 to support its existing China office, and in Q4, it will open an Italian office in Milan led by former Ferrero Group exec Letizia Leprini.

'We have continued to invest in our people, products, Labs, marketing and systems; and headcount has increased to 115, from 79 in the first half of 2010,' CEO John Kearon said in a statement. 'Our new software technology platform, developed over four years at a cost of £1.6m, is also being gradually phased in.'

Full results will be released on the 13th of September.

Web site: www.brainjuicer.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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