Taken the two quarters together, the first half of the year saw the group increase revenue by 80% over 2021. Revenues have now trebled in eighteen months and, based on the current growth trajectory, annualised net revenues for FY22 should be in excess of £21mn.
Selbey Anderson completed the acquisition of AML Communications during the quarter (June), the Group’s tenth acquisition.
Based at the Tea Building in Shoreditch and employing 35 staff, AML is an award-winning strategic, creative and experience agency specialising in complex sectors including finance, security and business services.
Commenting on the results, Selbey Anderson’s CEO, Dom Hawes said, “Managing agencies is never easy but the current market conditions make it twice as hard. All our agency MDs are doing a terrific job in growing their agencies and attracting and keeping high quality staff and clients.
Our role in supporting those agencies is becoming more clearly defined which is creating an even more collaborative environment within which they can flourish”.