BrainJuicer Reports First Half Revenue Rise

Online research specialist BrainJuicer has issued a pre-close trading update for the six months to 30th June, announcing revenue up 10% in constant currency terms, or 4% reported.

Company revenue was - sales were 'marginally down' in the UK and US versus previous periods, but increased in all the firm's other regions. During the period sales of BrainJuicer's 'Juicy' products represented 81% of the business, compared to 74% in 2013 as a whole.

In recent months, the firm has been expanding its client account management teams as it prepares for growth. Incremental costs for this recruitment has been largely offset by savings achieved elsewhere in the business, and BrainJuicer said that H1 overheads were very similar to those in H1 2013.

According to the statement: 'As ever, revenue visibility is limited as we move into the second half of the year, which is traditionally when the bulk of our profit is generated. Subject to this caveat, the Board considers that the company is in a position to meet market profit expectations for the full year to December 2014.'

BrainJuicer, which is led by CEO John Kearon (pictured), will formally announce results for the period on September 19th.

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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