Despite UK and US Frailty, TNS Notches 5.7% Growth

08 March 2006

    LONDON - The world's second largest market research group Taylor Nelson Sofres reports 2005 full year revenues up by 5.7% to £999 million ($760.9m; €633.98m) and adjusted operating profit up 9.5% to £112.6m.
    Strong growth across syndicated services and in custom business in continental Europe and emerging markets contrasted with "challenging conditions" in the US and UK.
    New ceo David Lowden says 2005 saw "strong underlying revenue growth" across TNS' syndicated services and in the custom businesses of continental Europe, Asia Pacific, Latin America and Middle East & Africa.
    "While the performance of our US custom business was disappointing," says Lowden, "we saw a return to growth in our UK custom business during the second half of the year."