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Reading: Enero Group Announces 42% Revenue Growth Over Two-Year Period
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B&T > Media > Enero Group Announces 42% Revenue Growth Over Two-Year Period
Media

Enero Group Announces 42% Revenue Growth Over Two-Year Period

Staff Writers
Published on: 8th June 2022 at 10:37 AM
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Enero Group Limited has provided a trading update to the Australian Stock Exchange which further supports the creative technology company’s track record of sustainable revenue and EBITDA growth, growing the company’s revenue by 42 per cent in just over 24 months.

The trading update for the full year to June 2022 outlines Enero’s impressive growth trajectory and momentum as the company expects to deliver a net revenue of between $192M and $193M, equating to 20 per cent year-on-year growth.

In addition, Enero is predicted to post an underlying Operating EBITDA of between $61 and $62M, representing a 34 to 36 per cent year-on-year growth.

Enero CEO, Brent Scrimshaw (pictured), said: “Enero’s strong earnings momentum reflects the success of our operating framework and the execution of our growth vision for the Company. The acceleration in FY22 H2 growth has been delivered across the portfolio of businesses, with particular strength in the US market.

“These financial results are a testament to Enero’s operating framework, strong enduring client relationships, and focus on innovating within our priority verticals of technology, healthcare, and consumer.”

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Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

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