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Next Fifteen Communications Group PLC Sees FY 2013 Profit Guidance To Fall Materially Short Of Market Expectations; Revenues Guidance In Line With Expectations; Announces Board Change

Tuesday, 29 Oct 2013 03:00am EDT 

Next Fifteen Communications Group PLC announced that for fiscal 2013, it expects profits to fall materially short of market expectations and revenues will be in line with expectations. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of GBP96.34 million and net income of GBP5.47 million for fiscal 2013. The Company also announced that David Dewhurst has decided to step down from his role as Finance Director with immediate effect. An interim Finance Director is being recruited while a search for a permanent replacement takes place. David has agreed to make himself available to ensure an orderly transition. 

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