Next Fifteen Communications Group plc (LON: NFC)
Introduction
2020 wasn’t your average year. Everyone’s life changed in some way and so it’s no surprise that almost all businesses changed as well. If your business wasn’t that digital before the pandemic it either is now, or there’s a good chance your business doesn’t exist anymore. So, the digital economy has become the economy and businesses, like Next 15, that are digitally native have thrived despite all the challenges Covid-19 has thrown at it.
At its core, Next 15 is a group of businesses designed to help companies grow. We do that in four different ways. First, we use data to generate the insights that help businesses understand the opportunities and challenges they face and arm them with the knowledge they need to make the best decisions. Second, we help our customers optimise their brand reputation and build the mission-critical digital assets businesses need to engage with their audiences. Third, we use creativity, data, and analytics to create the connections with customers to drive sales and other forms of customer interaction. Last, we help customers redesign their business model or create new ventures to maximise the value of their organisation.
So, you shouldn’t think of us as marketing consultants, you should think of us as growth consultants. And not surprisingly, we think that’s a big growth opportunity.
Financial highlights
About us
We are growth consultants. As such we are obsessed with finding ways to help our customers grow their top line, bottom line, reputation, online following, market share, customer satisfaction and share price. Everything we do is driven by data and embraces technology. We hire the brightest minds to work with the world’s best businesses that share our desire to be a great company. To us being great is about a team of diverse talent creating products and services that the world needs and doing it in way that is responsible and equitable. We’d like the world to still be here for a while.
Chair's statement
In a year like no other, these are excellent results.
Penny Ladkin-Brand
Chair
Chief Executive’s statement
We have refocused the Group so that it is set up to achieve the biggest challenge facing all of our customers: growth.
Tim Dyson
CEO
Investor resources
Business model
Our mission is to become the world’s leading growth consultancy. For Next 15, growth consulting isn’t just about growth in sales and profitability. It is growth in reputation, talent and product market share. It’s growth in valuation, innovation and talent retention. Growth is a complex problem, and it needs a sophisticated solution.
Businesses are increasingly one large digital entity. Supply chains, manufacturing, service delivery, product development, customer engagement and support - these are increasingly digital processes. They are also no longer completely discrete. A problem or opportunity in one area is now connected to everything else. The ability of consultants to view businesses through this digital lens is crucial. But the overriding challenge facing every aspect of consulting is how we enable growth (in every sense of the word).
Business requires partners that can knit together insight, creative, business design, digital build and customer engagement under one roof. That is what Next 15 is building.
Financial review
The Group ended up producing a very strong trading performance despite the very uncertain trading environment brought on by the Covid-19 pandemic.
Peter Harris
Chief Financial Officer