Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

 Information  X 
Enter a valid email address

Taylor Nelson Sofres (TNS)

  Print      Mail a friend       Annual reports

Thursday 11 January, 2007

Taylor Nelson Sofres

Trading Statement

Taylor Nelson Sofres PLC
11 January 2007


For release at 07:00                                            11 January 2007



                            Taylor Nelson Sofres plc                            

                                 Trading update                                 

Taylor Nelson Sofres plc (TNS), a world leader in market information, today
issues the following trading update, ahead of reporting full year results on 5
March 2007.

Summary

• TNS expects underlying revenue growth for 2006 to be around 2.5%, with
  Asia Pacific particularly strong

• Adjusted operating profit is anticipated to be in line with market
  expectations

• US custom business has been significantly reorganised under its new
  management, whilst performing in line with revised expectations

• Levels of new business activity going into 2007 are good


Revenue

Group: Organic revenue growth for the group overall is expected to be around
2.5%. After a slower third quarter for the market, the rate of underlying growth
for the group has improved in the fourth quarter.

Europe: Market conditions in the UK remained difficult throughout 2006, leading
to a small revenue decline for the year. France performed well. Growth in the
Rest of Europe was steady, with stronger growth in Central, Eastern and Southern
Europe offsetting a slower performance in Germany.

Americas: As previously announced, performance in US custom means that the
Americas region overall will report a decline in revenue for 2006. In the second
half year, the US custom business met revised expectations given in July.
Extensive progress has been made with the restructuring and reorganisation plan
presented at the interim results, which focuses on increasing cost efficiency of
data collection and providing clients with more insight and analysis. Growth in
Latin America has been strong.

Asia Pacific: The region continued its excellent growth in the second half and
delivered strong revenue performance for the year.

Sectors: Media, Business Services, Healthcare and Polling & Social (included in
Other) all showed good revenue growth in the second half and for the year as a
whole. Despite particularly good progress in Asia, performance in the US has led
to a decline in the Technology sector. In Consumer, Worldpanel continues to grow
well but performance in the custom markets in US and Western Europe means the
sector overall will show a revenue decline for the year.

Operating margin

As previously indicated, adjusted operating profit for 2006 will decline
compared with the previous year, due to performance in the US custom business.
Adjusted operating margin is expected to be slightly ahead of current market
expectations, with adjusted operating profit expected to be in line.

Restructuring costs

Exceptional costs associated with the group's restructuring activities were
previously estimated to be approximately £18m. Following a reassessment of the
group's property portfolio, approximately £4m of additional restructuring costs
have been identified, most of which are non-cash items. Property savings are
expected to be realised incrementally over the medium-term. Total restructuring
costs are now expected to be approximately £22m, most of which will be taken in
2006.

Share buy-back and net debt

The group purchased 16.8m of its own shares for a value of £34.6m in 2006. After
acquisition spend of £14.9m, net debt at 31 December 2006 is expected to be
around £285m
(2005 £295.4m). As part of the continued share buy-back programme, approximately
£65m of shares are expected to be repurchased in 2007.

Outlook

While early in the year, levels of new business activity going into 2007 are
good. The group anticipates that the growth in syndicated services - Worldpanel,
Media Intelligence and iTRAM - will continue to be healthy. In custom research,
the US custom business is expected to recover progressively through the year.
Revenue growth in Europe is expected to be steady, with another strong
performance expected from the ALM (Asia Pacific, Latin America, Middle East and
Africa) region.

Overall, the group expects to achieve improvement in both underlying revenue
growth and adjusted operating margin in 2007.

A conference call with Andy Boland, Finance Director, will be held at 08.30 on
Thursday 11th January:

UK dial in              0845 245 5000

International dial in   +44 (0) 1452 562 716

Conference              ID 5583678


Thereafter a replay of the call will be available:

UK dial in              0845 245 5205

International dial in   +44 (0) 1452 55 00 00

Replay access number    5583678

 


For further information, please contact:

Andy Boland, Finance Director             +44 (0)20 8967 1472

Janis Parks, Head of Investor Relations   +44 (0)20 8967 1584

James Bradley/Ash Spiegelberg, Brunswick  +44 (0)20 7404 5959

Email: Janis.Parks@tns-global.com

 
Notes to editors

Acquisition of PressWatch

Separately, TNS has today announced the acquisition of PressWatch, a leading
media information provider in the UK.

About TNS

TNS is a market information group:

  • The world's largest provider of custom research and analysis
  • A leader in political and social polling
  • A major supplier of consumer panel, media intelligence and TV and radio
    audience measurement services.

TNS operates across a global network in over 70 countries, allowing us to
provide internationally consistent, up-to-the-minute and high quality
information and analysis.

The group's employees deliver innovative thinking and excellent service to local
and multi-national clients worldwide.

TNS' strategic goal is to be recognised as the global leader in delivering value
added information and insights that help our clients to make more effective
decisions.

TNS is the sixth sense of business.

www.tns-global.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange