INTERIM RESULTS 30 JUNE 2019
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AGENDA 01 Highlights Duncan Painter 02 Financials Mandy Gradden 03 Summary & outlook Duncan Painter 04 Q & A Appendix Interim results 2019 22 July 19 3
HIGHLIGHTS DUNCAN PAINTER 22 July 19 4
HIGHLIGHTS OF THE HALF ORGANIC GROWTH Continuing strong growth from Product Design of 9% REVENUE ADJUSTED EBITDA • Mindset and new products a key driver along with Insight. • Launch of WGSN Beauty offering. 8.7% 9.3% Marketing segment returns to growth of 13% • Double digit growth at Cannes Lions benefiting from growing brand engagement • Double digit growth at MediaLink driven by project work Organic basis includes growth from acquired businesses, Organic basis and a record number of customer activations at Cannes only once owned for more than 12 months Lions. • Launch of the CLX summit with MediaLink and Cannes Lions PROFORMA GROWTH Sales segment organic growth of 3% (proforma 11%) REVENUE ADJUSTED EBITDA • Money20/20 grew strongly in second year in Amsterdam, but small decline in Singapore after record launch in prior 11.0% 10.8% year. • For Edge, revenue growth tempered, while integration is the focus, with good progress, particularly on catalogue automation. • Flywheel Digital continues rapid growth and expands coverage to Walmart.com. Proforma basis oforma basis includes growth from businesses acquired in 2018, as if owned since January 2018 Built Environment & Policy segment trading in line with expectations, with 4% growth. Interim results 2019 22 July 19 5
TARGET OPERATING MODEL FOR OUR SERVICES TO CUSTOMERS Ascential has unique information and insight that enables our customers to address the critical stages of a consumer’s path-to-purchase journey in the digital economy. Ascential has a deep understanding of consumer behaviours in the context of their relationship with products across this Integrated journey. Enabling our customers to engage Consumer Pricing & Best Practice with this information in a more integrated to Product Promotion way will create and deliver superior View Product, Marketing and Sales performance. Integrating our information platform across these disciplines is key to providing a unified offering for our enterprise customers. The Edge integration is the key enabler using a common spine of dynamic catalogues to match our information to customers’ specific business needs. Interim results 2019 22 July 19 6
COMPANY OVERVIEW RATIONALE DEAL SUMMARY Jumpshot’s broad consumer Creation of JV between Avast High growth digital consumer digital engagement information plc (majority owner of analytics business with revenue complements our detailed Jumpshot) and Ascential plc. largely from subscriptions digital sales performance data. Initial 35% investment ($61m) in the company moving to 51% Unique and rare information Unique insight, with full based on growth and product source of anonymised online transparency on digital development performance consumer behaviour, drawn engagement (including ‘walled criteria. from tens of millions of garden’ platforms), provides link panellists across more than 180 between effective marketing Agreed set of new joint countries. and sales, at scale. products to be developed over 24 months Staff are primarily engineers A market leading information and large scale data source for in-depth consumer Long term partnership, creating management teams, processing engagement. that will enhance the leading digital consumer over 5 billion records a day. product development, path to purchase business while particularly within Edge and the enhancing Ascential products Marketing segment. with deep consumer Based in San Francisco, Czech engagement. Republic, New York and London. Interim results 2019 22 July 19 7
PROGRESS ON KEY 2019 PRIORITIES MARKETING SEGMENT ONE ASCENTIAL FOCUS ON INTEGRATE BACK TO GROWTH OPERATING MODEL EXECUTION EDGE Return Cannes Lions and Finalise our operating Extend our market Complete the integration MediaLink back to growth. model rollout in leadership across our of the teams, business Marketing, Finance and digital information brands. systems and products into Product Development. a single platform for our Establish Ascential customers. strategic client programme. PROGRESS PROGRESS PRO SS PROGRESS PRO SS PROGRESS PRO SS Strong revenue growth, Good progress with the Cannes Lions and Changes underway to particularly from WGSN integration programme. MediaLink returned to drive efficiency • and Flywheel. double digit growth in H1, drive cross sell • Engaged in unifying the following strategic re- accelerate • Key initiatives in place to product, technology alignment in 2018. development of build our cross-Ascential business systems Consumer Product strategic client platforms. Information Platform programme. for customers. Interim results 2019 22 July 19 8
FINANCIALS MANDY GRADDEN 22 July 19 9
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