Half Year Results 

Next Fifteen pushes for US expansion

Next Fifteen pushes for US expansion

Communications group Next Fifteen’s (NFC) strategy for growth relies on its ability to leverage the strength of its US-based businesses, building on their existing relationships with high-growth companies (read: Silicon Valley start-ups). So far, progress has been a mixed bag. The US businesses saw organic revenue growth of 7 per cent in the period, hampered slightly by the strength of sterling against the dollar, but operating margins slipped to 16.9 per cent, from 18.1 per cent in the prior period, due to investment commitments linked to bringing some of the group’s UK brands across the Atlantic.

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