Perform Reveals Half-year Results
Perform Group plc has announced its half-year results for the six months ending 30th June 2011, revealing a 47% year-on-year revenue growth, and consistent growth across all business areas.
There have also been increases in the group’s digital rights portfolio, with over 10,000 live events now under contract for 2011.
New rights acquired in the first half of 2011 include Copa America, Turkish Super Lig, over 20 ATP Challenger Tour Events and World Snooker – with the majority on multi-year deals.
Oliver Slipper, joint chief executive officer of Perform Group plc, said: ‘We are delighted with the progress Perform has made since coming to market, as we continue to successfully execute the growth strategy we set out to investors’.
‘We have added further great sporting content to our rights portfolio, expanded into new territories, developed and delivered new products across new platforms and completed the acquisition and integration of Goal.com’.
‘Some of this progress is already reflected in these interim results, which show strong revenue growth of 47%, driven by growth across all business areas’.
‘For the full year, based on our exceptional revenue visibility, we remain very confident that we will deliver strong full year revenue and EBITDA growth in line with the board’s expectations’.
‘We remain on track to consolidate our position as the world’s leading digital sports business’.
