Jaywing PLC (AIM:JWNG) shares surged by a quarter on Friday after reporting improved full-year operating profit despite some adverse foreign exchange impacts.
The data science and marketing company’s chief executive David Beck stated: “The Australian division is expected to continue to benefit from a strong market and new business pipeline, with revenue growth expected in the current financial year.
“UK market conditions remain challenging but the UK operation is now leaner, more efficient and able to convert more of its future revenue growth into profit and cash.
“Changes to our leadership teams and a greater focus on marketing of the group's data and creative skills alongside investments made in client growth, are beginning to make a difference to operational performance.”
Shares reached 2.84p each.