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05 Mar 2024
Strength in depth
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Strength in depth
DotDigital Group PLC (DOTD:LON) | 66.6 0 0.0% | Mkt Cap: 205.0m
- Published:
05 Mar 2024 -
Author:
Harold Evans -
Pages:
3 -
H1 revs are consistent with Jan’s update: +15% y/y to £38.7m, reflecting improved organic growth (+11% y/y) as all geographies grew, while DOTD also saw a maiden contribution from Fresh Relevance (‘Fresh’). Meanwhile - new today - adj. PBT performed better still: +16% y/y to £8.9m, as ‘core DOTD’ margins grew. This combination of strong operational execution, product improvement/enhancements (achieved through Fresh & organically) and margin improvement, all provide significant optimism, both for the short and medium term.