Enero Posts Net Revenue Increase Of 4.9%

Enero Posts Net Revenue Increase Of 4.9%
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Enero Group today announced its results for the year ended 30 June 2020, with the group’s higher proportion of clients in the technology and healthcare sectors providing consistency and a strong platform despite the challenging economic environment in all markets.

The key financial indicators were – Net revenue up 4.9 per cent to AU$135.8m and Operating EBITDA up 17.7 per cent to AU$24.4m. The Operating EBITDA margin also saw a strong increase to 18 per cent, up 2.0bps.

Enero Group Chair, Ann Sherry said: “The Group delivered an outstanding result particularly during challenging times in the second half of the year. All of our markets were impacted in some shape by Covid-19, however everyone who works in our businesses showed great spirit, flexibility and resilience adjusting to new ways of working along with taking care of each other and their clients. Our strong sector exposure to technology, health care and consumer staples resulted in 4.9 per cent organic revenue growth. The Group is in a strong position to drive further growth in FY21 despite the health and economic uncertainties that lie ahead.’’

Recently appointed Enero Group CEO, Brent Scrimshaw [feature image] said: “Whilst only a few weeks in to my role, I have been impressed with the Group’s innovation agenda and the outstanding quality of the team. Enero is now in a strong financial position to accelerate our momentum and create the next chapter of growth through some of the best performing brands in the market in Australia, UK, Europe and the USA. I will be working with the teams to bring new capability to our existing Group offering and investing in the expansion of our network in the coming year.’’

 

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