Next 15 drops, restructuring charges to affect second half

Next 15 Communications (NFC), the AIM-listed agency which is currently undergoing a transformation from traditional PR firm to digital communications group, saw shares drop sharply on Tuesday after warning that its full-year results will be affected by higher-than-expected restructuring charges.

Next 15 Communications (NFC), the AIM-listed agency which is currently undergoing a transformation from traditional PR firm to digital communications group, saw shares drop sharply on Tuesday after warning that its full-year results will be affected by higher-than-expected restructuring charges.

Nevertheless, results from the first half ended January 31st showed an improvement from last year ahead of analysts' forecasts, with revenues up 3.0% to £46.6m and adjusted profit before tax up 6.0% at £4.5m.

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