Australian marketing agency Enero Group announced its results for the half year ended December 2018, and the numbers show a strong upward trend.
Among the results, net revenue is up 33 per cent to $63.7 million and operating EBITDA up 75 per cent to $10.0 million, net profit after tax to equity holders $6.1 million, operating EBITDA margin improved to 15.7 per cent, earnings per share before significant items up 95 per cent to 7.2 cents, and an interim dividend declared of 2.5 cents, fully franked.
Enero Group CEO Matthew Melhuish said of the results: “We have made a great start to FY2019 with strong numbers across all our key financial metrics in all markets.
“Most pleasing was the achievement of 15 per cent organic revenue growth, excluding the impact of acquisitions, along with the number of new client wins in the first half.
“We continue to build digital and data capabilities across our pillars and we remain ready to invest further through acquisitions in our international network, already representing over half of the Group, where larger growth opportunities exist”.
In line with these results, Enero has revealed a new company logo (pictured at top of page).
The results follow a strong half-yearly performance to begin 2018, where Enero’s acquisitions included creative agency Orchard.
Enero’s list of accomplishments also include operating company BMF claiming best ad campaign for its ‘Good Different’ ALDI campaign, at last year’s B&T Awards.
