SEC Newgate S.p.A. Strategic Plan 2020-2022 (1205U)
21 Novembre 2019 - 8:00AM
UK Regulatory
TIDMSECG
RNS Number : 1205U
SEC Newgate S.p.A.
21 November 2019
21 November 2019
SEC Newgate S.p.A.
("SEC Newgate" or the "Group")
Strategic Plan 2020-2022
-- Board approves SEC Newgate's three-year Strategic Plan
-- Strong focus on new growth projects and positioning on the digital frontier
SEC Newgate (AIM: SECG), the international communications,
advocacy and research group, announces that its Board of directors
has approved the Group's strategic plan for the three-year period
2020/2022 (the "Strategic Plan"); the Strategic Plan was developed
by the Executive Committee.
The Strategic Plan sets out a number of operational priorities
for the Group for the next three years including:
-- A return to profitability and strengthening of the balance sheet;
-- Cultural integration and harmonization of the two SEC S.p.A.
and Porta Communications organisations, now SEC Newgate;
-- Raising of the Group's visibility and reputation worldwide;
-- Continuing the Group's acquisition plan to strengthen and increase capabilities; and,
-- Implementing incentives and reward schemes to retain key talent.
Following completion of the merger of SEC S.p.A. and Porta
Communications plc in September 2019, and the creation of the new
global communications brand, SEC Newgate, the Group is now
operating across five continents through a network of 31 offices in
15 countries and the professional support of nearly 600 staff.
Under the Strategic Plan, organic growth and acquisition growth
targets have been set for each year and immediate priority given to
achieving commercial and organisational synergies which are at the
core of the strategy. This work has already commenced and is
expected to deliver significant savings by the end of 2020.
During the period covered by the Strategic Plan, the Group will
continue its acquisition strategy, with a particular early focus on
the US, a key strategic market to complete the Group's geographic
footprint and to secure its worldwide reach. In conjunction, an
increased presence in the APAC region will also be pursued, with
the expansion of operations in Greater China and the inclusion of
two other key markets in the region.
Additionally, the Group has very recently established a start-up
operation in Morocco. This was initiated as the first step in SEC
Newgate's plan to achieve a strong presence in the African
continent.
The Strategic Plan includes certain financial targets which, if
achieved, are expected to drive Group revenues and deliver enhanced
Group consolidated profit margins over the three-year period
(excluding the effect of future acquisitions).
Over the next few months the Group will be working to develop a
fully articulated market positioning for its Research, Innovation
& Digital Transformation presence which encompasses the
significant progress made in this area to date including:
I. an innovative approach to research applied to communications.
developed in Australia and the UK;
II. an AI-based platform operating in all five key European
languages, that will be launched under a new brand and totally new
set of tools, in the sentiment and opinion tracking area. This will
enable organisations to thoroughly assess the reputation of a
brand, company or product/service.
III. an important project in digital transformation aimed at
creating a network of digital transformation experts, multi-channel
storytellers and creative thinkers to help our clients to govern
the challenges of rapidly evolving change in business, technology
and consumer behaviour.
Fiorenzo Tagliabue, CEO of SEC Newgate, commented:
"Our three-year Strategic Plan, which will be updated and
revised annually, will be our navigation system towards securing
new business and strengthening our presence globally. A new phase
in our history has started and we are all committed to ensuring
that each of the Group's companies deliver an ever-increasing
quality and range in the services they offer, coupled with
improvements in revenues and profitability. Our key focus on
digital transformation is reflected in the Strategic Plan. It will
ensure SEC Newgate becomes an even more credible and innovative
player in the market."
Further information:
For further information please contact:
SEC Newgate S.p.A.
Fiorenzo Tagliabue (Group CEO) Telephone: +39 335 6008858
tagliabue@secrp.com
Emma Kane (Deputy Group CEO, Telephone: +44 (0) 20
CEO Newgate Communications UK) 3757 6860
emma.kane@newgatecomms.com
Arden Partners
Richard Johnson / Benjamin Cryer Telephone: +44 207 614
/ Ciaran Walsh 5900
Notes to Editors
-- Further information is available at www.secnewgate.com
-- On 3 September 2019, SEC S.p.A. and Porta Communications Plc
merged to create SEC Newgate S.p.A.
-- The Group's principal brands are: ACH (Spain); Cambre
Associates (Belgium); Cambre Maroc (Morocco); Clai (France); Kohl
PR (Germany); Martis Consulting (Poland); SEC Latam (Colombia);
Newgate Communications (Abu Dhabi, Australia, Greater China,
Singapore, UK); Newington (UK); Publicasity (UK); SEC Newgate
S.p.A. (Italy); and 2112 (UK).
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
UPDCKKDDOBDDKDB
(END) Dow Jones Newswires
November 21, 2019 02:00 ET (07:00 GMT)
Grafico Azioni Sec Newgate S.p.a (LSE:SECG)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Sec Newgate S.p.a (LSE:SECG)
Storico
Da Apr 2023 a Apr 2024