YouGov PLC Capital Markets Day Event (6452Z)
17 Mai 2023 - 8:00AM
UK Regulatory
TIDMYOU
RNS Number : 6452Z
YouGov PLC
17 May 2023
17 May 2023
YouGov plc
("YouGov" or "the Group" or "the Company")
Capital Markets Day Event
YouGov, the international research and data analytics group,
will host a Capital Markets Day this afternoon starting at 1.00pm
BST.
The event will be hosted by Stephan Shakespeare (CEO) and will
include presentations from leaders within the Group.
YouGov will present its third long-term strategic growth plan
and provide further details on the continued development of the
YouGov Platform.
Stephan Shakespeare, Chief Executive Officer and Non-Executive
Chair Designate, said: "As we lay out the next phase of our
strategy, I am hugely excited by the unique combination of panel,
data, and tools at our disposal. YouGov is continuing its growth
journey with a clear strategy to become the world's leading
marketing data and research platform. I am confident that we remain
on the right track to realising the full long-term potential of the
business."
Strategic growth plan
YouGov's next long-term strategic growth plan is underpinned by
three key growth areas:
-- Deepening client relations and increasing market penetration
through our syndicated data products and customised research;
-- Driving greater usage of our new self-serve platform,
the YouGov Platform, through a digital sales and marketing
approach; and
-- Targeting greenfield opportunities, such as newer products
and M&A, that will be incremental to the core growth plan.
The Company continues to see significant potential to grow its
existing business lines through several levers for both new and
existing clients. YouGov will work to increase its penetration with
brands, particularly in the US, grow the overall number of
subscriptions, target long-term, strategic tracking projects, and
scale fast-turnaround research volumes through the self-service
YouGov Platform.
Several principles will guide the operational plan for the next
growth phase. These will focus on maximising growth opportunities
with larger clients whilst expanding YouGov's overall client base
to scale the business. These ambitions are underpinned by
increasing awareness of the YouGov Platform to drive adoption,
greater standardisation and automation to drive efficiencies, and
continuing to attract and retain top talent across the
business.
Financial targets
As part of the plan, the Group will set out two new key
financial targets, as follows:
-- Medium-term revenue of GBP500 million; and
-- Medium-term adjusted operating profit margin of 25%.
Attendance for the live Capital Markets Day event will be in
person only. A recording of the presentation will be made available
on the Company's website following the session.
Enquiries
YouGov plc
Hannah Jethwani / Tilly Heald 020 7012 6000
FTI Consulting
Charles Palmer / Tom Blundell / Jemima
Gurney 020 3727 1000
Numis Securities (NOMAD and Joint Broker)
Nick Westlake / Iqra Amin 020 7260 1000
Berenberg (Joint Broker)
Mark Whitmore / Richard Andrews / Alix
Mecklenburg-Solodkoff 020 3207 7800
About YouGov
YouGov is an international online research data and analytics
technology group.
Our mission is to offer unparalleled insight into what the world
thinks.
Our innovative solutions help the world's most recognised
brands, media owners and agencies to plan, activate and track their
marketing activities better.
With operations in the UK, the Americas, Europe, the Middle
East, India and Asia Pacific, we have one of the world's largest
research networks.
At the core of our platform is an ever-growing source of
consumer data that has been amassed over our twenty years of
operation. We call it Living Data. All of our products and services
draw upon this detailed understanding of our 24+ million registered
panel members to deliver accurate, actionable consumer
insights.
As innovators and pioneers of online market research, we have a
strong reputation as a trusted source of accurate data and
insights. Testament to this, YouGov data is regularly referenced by
the global press, and we are the most quoted market research source
in the world.
YouGov. Living Consumer Intelligence.
For further information, visit business.yougov.com
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