News
Interim Results for the 6 months ended 31 December 2008
09 February 2009
WFCA plc (AIM: WFCA.L), a leading regional advertising and marketing agency, today announces its interim results for the 6 months ended 31 December 2008.
Highlights
- Gross margin 17.9% (2007 H1: 7.8%)
- PBT (before exceptional credit and tax) £509k (2007 H1: £139k)
- Working capital has improved by £847,000
Further enquiries:
WFCA plc Stephen Latter,
Financial Director
Tel: 01892 511 085
Daniel Stewart & Company plc
Simon Leathers/Oliver Rigby
Tel: 020 7776 6550
Notes to Editor:
The Company was established in 1994 to create a full service advertising agency specialising in direct response advertising. The business grew rapidly and was listed on AIM in January 2006.
Significant growth was gained in April 2008 with the acquisition of WFCA Integrated Limited a Tunbridge Wells based full service agency originally founded in 1996. With the Company's aim of building the business and accelerating growth this resulted in the achievement of gaining 30th place in the UK agency rankings published by Neilsen in February 2008, together with other significant achievements within the industry.
The Company has a broad client list featuring household names and is able to provide a full advertising and marketing service.