interim results

INTERIM RESULTS 30 JUNE 2019 DISCLAIMER By attending the meeting - PowerPoint PPT Presentation

INTERIM RESULTS 30 JUNE 2019 DISCLAIMER By attending the meeting where this presentation is including, without limitation, those regarding the performance. Nothing herein should be construed as made, or by reading this document, you agree to


  2. DISCLAIMER By attending the meeting where this presentation is including, without limitation, those regarding the performance. Nothing herein should be construed as made, or by reading this document, you agree to be Company’s future expectations, operations, financial financial legal, tax, accounting, actuarial or other bound by the conditions set out below. This performance, financial condition and business is a specialist advice. Persons needing advice should presentation is confidential and may not be forward-looking statement. Such forward-looking consult an independent financial adviser. reproduced (in whole or in part), distributed or statements are subject to risks and uncertainties that transmitted to any other person without the prior may cause actual results to differ materially. These Any recipients of this presentation outside the UK written consent of the Company and is not intended risks and uncertainties include, among other factors, should inform themselves of and observe any for distribution to, or use by, any person or entity in changing economic, financial, business or other applicable legal or regulatory requirements in their any jurisdiction or country where such distribution or market conditions. These and other factors could jurisdiction, and are treated as having represented use would be contrary to local law or regulation. adversely affect the outcome and financial effects of that they are able to receive this presentation without the plans and events described in this presentation. contravention of any law or regulation in the As a result you are cautioned not to place reliance on The information set out herein may be subject to jurisdiction in which they reside or conduct business. such forward-looking statements. Nothing in this updating, completion, revision and amendment and The securities of the Company have not been and will presentation should be construed as a profit forecast. such information may change materially. None of the not be registered under the U.S. Securities Act of All views expressed are based on financial, economic, Company, its advisers or any other person, 1933 and may not be offered, sold or transferred and other conditions as of the date hereof and the representative or employee undertakes any within the United States except pursuant to an Company disclaims any obligation to update any obligation to update any of the information contained exemption from, or in a transaction not subject to, the forecast, opinion or expectation, or other forward herein. No representation or warranty, express or registration requirements of the U.S. Securities Act of looking statement, to reflect events that occur or implied, is or will be made by the Company, its 1933. In the United Kingdom, this presentation is circumstances that arise after the date hereof. advisers or any other person as to the accuracy, being communicated only to and is only directed at completeness or fairness of the information or those persons who are (i) persons having professional opinions contained in this presentation and any This presentation is for information only. This experience in matters relating to investments falling reliance you place on them will be at your sole risk. presentation does not constitute an offer for sale or within Article 19(5) of the Financial Services and Without prejudice to the foregoing, none of the subscription of, or solicitation of any offer to buy or Markets Act 2000 (Financial Promotion) Order 2005 Company, its associates, its advisers or its subscribe for, any securities of the Company, in any (the “Order”), or (ii) high net worth entities (or their representatives accept any liability whatsoever for jurisdiction including the United States, nor should it representatives) falling within Articles 49(2)(a) to (d) any loss howsoever arising, directly or indirectly, from form the basis of or be relied on in connection with of the Order, or (iii) persons to whom it would the use of this presentation or its contents or any contract or commitment whatsoever. It does not otherwise be lawful to distribute the presentation. otherwise arising in connection therewith. constitute a recommendation regarding any securities. Past performance, including the price at which the Company’s securities have been bought or Certain statements in this presentation constitute sold in the past and the past yield on the Company’s forward-looking statements. Any statement in this securities, cannot be relied on as a guide to future presentation that is not a statement of historical fact Interim results 2019 22 July 19 2

  3. AGENDA 01 Highlights Duncan Painter 02 Financials Mandy Gradden 03 Summary & outlook Duncan Painter 04 Q & A Appendix Interim results 2019 22 July 19 3


  5. HIGHLIGHTS OF THE HALF ORGANIC GROWTH Continuing strong growth from Product Design of 9% REVENUE ADJUSTED EBITDA • Mindset and new products a key driver along with Insight. • Launch of WGSN Beauty offering. 8.7% 9.3% Marketing segment returns to growth of 13% • Double digit growth at Cannes Lions benefiting from growing brand engagement • Double digit growth at MediaLink driven by project work Organic basis includes growth from acquired businesses, Organic basis and a record number of customer activations at Cannes only once owned for more than 12 months Lions. • Launch of the CLX summit with MediaLink and Cannes Lions PROFORMA GROWTH Sales segment organic growth of 3% (proforma 11%) REVENUE ADJUSTED EBITDA • Money20/20 grew strongly in second year in Amsterdam, but small decline in Singapore after record launch in prior 11.0% 10.8% year. • For Edge, revenue growth tempered, while integration is the focus, with good progress, particularly on catalogue automation. • Flywheel Digital continues rapid growth and expands coverage to Proforma basis oforma basis includes growth from businesses acquired in 2018, as if owned since January 2018 Built Environment & Policy segment trading in line with expectations, with 4% growth. Interim results 2019 22 July 19 5

  6. TARGET OPERATING MODEL FOR OUR SERVICES TO CUSTOMERS Ascential has unique information and insight that enables our customers to address the critical stages of a consumer’s path-to-purchase journey in the digital economy. Ascential has a deep understanding of consumer behaviours in the context of their relationship with products across this Integrated journey. Enabling our customers to engage Consumer Pricing & Best Practice with this information in a more integrated to Product Promotion way will create and deliver superior View Product, Marketing and Sales performance. Integrating our information platform across these disciplines is key to providing a unified offering for our enterprise customers. The Edge integration is the key enabler using a common spine of dynamic catalogues to match our information to customers’ specific business needs. Interim results 2019 22 July 19 6

  7. COMPANY OVERVIEW RATIONALE DEAL SUMMARY Jumpshot’s broad consumer Creation of JV between Avast High growth digital consumer digital engagement information plc (majority owner of analytics business with revenue complements our detailed Jumpshot) and Ascential plc. largely from subscriptions digital sales performance data. Initial 35% investment ($61m) in the company moving to 51% Unique and rare information Unique insight, with full based on growth and product source of anonymised online transparency on digital development performance consumer behaviour, drawn engagement (including ‘walled criteria. from tens of millions of garden’ platforms), provides link panellists across more than 180 between effective marketing Agreed set of new joint countries. and sales, at scale. products to be developed over 24 months Staff are primarily engineers A market leading information and large scale data source for in-depth consumer Long term partnership, creating management teams, processing engagement. that will enhance the leading digital consumer over 5 billion records a day. product development, path to purchase business while particularly within Edge and the enhancing Ascential products Marketing segment. with deep consumer Based in San Francisco, Czech engagement. Republic, New York and London. Interim results 2019 22 July 19 7

  8. PROGRESS ON KEY 2019 PRIORITIES MARKETING SEGMENT ONE ASCENTIAL FOCUS ON INTEGRATE BACK TO GROWTH OPERATING MODEL EXECUTION EDGE Return Cannes Lions and Finalise our operating Extend our market Complete the integration MediaLink back to growth. model rollout in leadership across our of the teams, business Marketing, Finance and digital information brands. systems and products into Product Development. a single platform for our Establish Ascential customers. strategic client programme. PROGRESS PROGRESS PRO SS PROGRESS PRO SS PROGRESS PRO SS Strong revenue growth, Good progress with the Cannes Lions and Changes underway to particularly from WGSN integration programme. MediaLink returned to drive efficiency • and Flywheel. double digit growth in H1, drive cross sell • Engaged in unifying the following strategic re- accelerate • Key initiatives in place to product, technology alignment in 2018. development of build our cross-Ascential business systems Consumer Product strategic client platforms. Information Platform programme. for customers. Interim results 2019 22 July 19 8



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