Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

BrainJuicer making ‘encouraging’ progress in first half

International online market research agency BrainJuicer Group PLC (LON:BJU) announced it has made further encouraging progress during the first half of 2010 with overall revenue growth of 48 percent, driven primarily by its businesses in the UK and the US.

As planned, the company has further expanded its geographical footprint by opening offices in Brazil and China.
It said in a trading update that it expects to deliver further good progress in the second half.

The 2010 full year is anticipated to be in line with expectations, and the group plans to deliver strong revenue growth, while continuing to invest heavily in product development and talent, to support its longer term ambitions to become a top 10 global market research group. 

Total headcount is likely to increase from 80 at the beginning of 2010 to around 100 by the year-end.