Home Shares Next Fifteen shares up on big account wins

Next Fifteen shares up on big account wins

0
Next Fifteen shares up on big account wins

Shares in communications group Next Fifteen (LON:NFC) rose over 2 percent on Friday morning, after organic revenue growth lent a boost to the start of the financial year.

The group’s new financial year has seen previously strong trading patterns from the previous quarter continue, with organic revenue growth remaining in the high single digits. Recent acquisitions are all performing well, according to the statement, with the addition of major accounts like Just Eat, Samsung and AB InBev giving the board confidence for the year ahead.

“Next 15 is pleased to report that it has made a good start to the new financial year with a continuation of trading patterns from the previous quarter,” chief executive Tim Dyson said in speech notes for the company’s annual general meeting.

Shares in Next Fifteen are currently trading up 2.15 percent at 522.00 (0903GMT).