To be embargoed until 7.00am
25 January 2007
Toluna Plc
("Toluna" or "the Company")
Trading Update
Highlights
â— Sales and operating profits for the year ended 31 December 2006 anticipated
to be ahead of market expectations
â— Operating margins improve during the year
â— Panel size now 1.3 million members
Update
The Board of Toluna, a leading independent provider of online panels and
technology services to the market research industry, is pleased to give an
update on trading in the year ended 31 December 2006.
The Company expects to report turnover of not less than £8.3 million for the
year ended 31 December 2006, which is ahead of market expectations. This
represents an increase of more than 275 per cent. compared to the pro forma
turnover for the corresponding period in 2005 of £3.0 million. Operating
profits for the year are also expected to exceed market expectations and
operating margins are anticipated to be around 25 per cent. compared with the
pro forma 2005 figure of 21.4 per cent.
Panel membership has grown from 729,000 members at the end of 2005 to 1.3
million members as at 31 December 2006. During the year, the number of clients
using the Company's panels and associated services more than doubled to 246.
The level of repeat business from clients recorded during the year represented
more than 70 per cent. of the total revenue achieved.
Frederic-Charles Petit, Chief Executive, commented:
"We are delighted with the recent acceleration in revenues and the significant
increase in operating margins. We believe that our technology offering,
together with the community element of our panel, is delivering exceptional
results in a fast growing market place. We are excited by our immediate and
longer term prospects".
Enquiries:
Toluna plc
Frederic-Charles Petit 0033633080391
John East & Partners Limited
David Worlidge/Simon Clements 0207 628 2200
Notes to Editors:
Toluna is a leading European independent provider of online panels and
technology services to the market research industry. Through its offices in
London, Frankfurt, Paris and New York, it provides customers with access to its
16 panels, creates bespoke panels and licenses its survey and panel management
technology.
Toluna was admitted to trading on the AIM Market in May 2005.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.