StockMarketWire.com - Next Fifteen Communications intends to place up to 3,089,862 new shares at a price of 145p each to raise about £4.3 million after expenses. It also said it expected to exceed the top end of market expectations for its FY.

It continued to experience strong overall trading. The Group has benefited, in particular, from strong trading in its US businesses, which continue to deliver double-digit revenue growth on an organic basis.

This, combined with the relative recent strength of the US dollar, means that reported revenue and profit from the US-based businesses are expected to show strong growth for the year ending 31 January 2015.

Elsewhere, simplification of operations in Asia and Mainland Europe are progressing ahead of plan and are already delivering improved returns. The UK meanwhile has seen improved profit margins due to both management action and infill acquisitions.






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