ToLuna to eclipse expectations

Date: Monday 01 Feb 2010

ToLuna expects to announce revenues and profits ahead of market expectations when it announces its full year results for 2009, after deriving higher than expected synergies from its integration activities.

‘We are pleased with our rapid progress in integrating the Greenfield Online / Ciao Surveys team and with our excellent performance against a challenging economic background,’ said Frederic-Charles Petit, founder and chief executive of ToLuna.

The online market research firm expects to announce underlying pre-tax profits of more than £7m, some 10% ahead of market consensus expectations, on revenue in excess of £49m for 2009. The group said all of its territories had performed strongly, with especially significant progress in North America and Europe.

« Go back to news channel

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE