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Share Name Share Symbol Market Type Share ISIN Share Description
Sec Newgate S.p.a. LSE:SECG London Ordinary Share IT0005200453 ORD NPV (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 48.50 45.00 52.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 40.2 1.1 -0.5 - 7

SEC Newgate S.p.A. Trading Update

02/02/2021 7:00am

UK Regulatory (RNS & others)


Sec Newgate S.p.a (LSE:SECG)
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RNS Number : 6227N

SEC Newgate S.p.A.

02 February 2021

2 February 2021

SEC Newgate S.p.A.

("SEC Newgate" or the "Group")

Trading Update

SEC Newgate S.p.A., the insight-driven global strategic communications group that works at the nexus of business, politics, communities, markets and media, today provides an update on Group trading for the year ended 31 December 2020, based on year-end preliminary unaudited figures.

SEC Newgate expects to report results for the Group in line with market expectations, with consolidated total turnover of c. EUR65 million, consolidated Gross Profit of c. EUR56 million, consolidated unadjusted Operating Profit of c. EUR4.2 million and consolidated unadjusted Profit Before Tax of c. EUR3.0 million (subject to year-end adjustments). Consolidated Net Debt as at 31 December 2020 was c. EUR7.8 million (excluding the impact of c. EUR5.75 million IFRS 16 adjustments for leases).

Fiorenzo Tagliabue, Group Chief Executive, commented:

"Our first full year as SEC Newgate has ended very positively due to the huge effort made across our Group and, in particular, by our teams in Australia, the UK, Italy and Brussels. We have started the new financial year in a strong financial position and with a significant pipeline as we continue to build a diversified, dynamic group that is helping clients clearly demonstrate their purpose, value and impact locally, nationally and internationally."

Ends

Media Enquiries

 
  Fiorenzo Tagliabue (Group CEO)     Tel: +39 335 6008858 
                                      tagliabue@secrp.com 
  Emma Kane (Deputy Group CEO,       Tel: +44 (0) 7876 338339 
   CEO SEC Newgate UK)                emma.kane@secnewgate.co.uk 
  Sergio Penna (Group CFO)           penna@secrp.com 
 
   Arden Partners 
   (Nominated Adviser and Broker) 
  Richard Johnson / Benjamin Cryer   Tel: +44 (0) 20 7614 5900 
 

Notes to Editors

-- SEC Newgate's focus is on achieving positive outcomes through communications, advocacy and research, helping clients clearly demonstrate their purpose, value, and impact locally, nationally and internationally.

   --    Further information is available at the Group's website:  www.secnewgate.com 
   --    Further information on SEC Newgate UK is available at:  www.secnewgate.co.uk 

Market Abuse Regulation (MAR) Disclosure

The information contained in this announcement is deemed by the Company to constitute inside information as stipulated under Article 7 of the Market Abuse Regulations (EU) No 596/2014. With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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February 02, 2021 02:00 ET (07:00 GMT)

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