For the year ended 31 January, the digital communications firm reported a pre-tax profit of £40.2mln, up 12% on the prior year, while net revenues climbed 11% to £248.5mln.
The group also said it had continued to “win new work”, having recently added DuPont, Google Cloud and O2 as new clients.
Looking to the current year, the firm said its trading performance to date had “not seen a material impact” from the coronavirus pandemic, although added that it was anticipating that revenues and profits “will be affected from May” as some clients reduced spending due to the uncertainty.
The company expected around two-thirds of its portfolio to suffer a negative impact from the pandemic, with revenues impacted by between 5-25% depending on sector and specialism. The rest of the portfolio is expected to be “largely unaffected”.
Next Fifteen added that it has decided to suspend its final dividend but intended to resume payments “once the macroenvironment improves”.
Despite the challenges, the firm said it was “well positioned to withstand this unprecedented period and can continue to progress with its growth strategy”, adding that it is looking to the post-coronavirus era to capitalise on “shifts an event of this nature is likely to create in the market”.
“The timing of any recovery is hard to predict and therefore we are managing the business very tightly, whilst being mindful of any post [coronavirus] opportunities”, said chairman Richard Eyre.
“Longer term, the board remains confident of the Group’s underlying prospects. We believe we have the quality of people, the strategy and the financial strength to continue to outperform our marketplace”, he added.
Shares in the firm were steady at 376p in early deals on Thursday.