Selbey Anderson Makes Solid Start To 2022

Selbey Anderson Makes Solid Start To 2022

Simon QuarendonChief Commercial Officer, Selbey Anderson
Selbey Anderson Makes Solid Start To 2022

Selbey Anderson, the fast growing marketing services company, made a solid start to 2022 recording a 4.8% increase in net revenues over Q421. Other trading highlights for the Quarter Ending March 31st 2022 were as follows:

  • Gross profits improved across all agencies
  • At 15.9%, operating EBIT for the quarter represented a 61.8% increase on Q421
  • Headcount rose from 130 in Q421 to 170
  • Underlying EBIT is ahead of budget

Commenting on the results, Selbey Anderson’s CEO, Dom Hawes, said, “Completing the acquisition of Digital Radish, B2B Marketing’s Agency of the Year in March represented an ideal way to start the year and this momentum has continued throughout the quarter with nearly all our agencies recording profitable growth.

It takes a while to achieve organic growth from multiple specialist agencies but we are beginning to see a healthy flow of business between all the agencies in the group. As importantly, we are only just beginning to tap into the many skills that our 170 staff have and I’m excited at the possibilities this amazing talent pool represents.

Simon Quarendon
Simon Quarendon
Chief Commercial Officer, Selbey Anderson

Simon brings a wealth of agency management experience to his role as Group CCO. During a 30+ year career, Simon has built boutique agencies and managed global agency teams. He supports each agency’s senior leadership team by providing advice and guidance around agency commerciality. Simon also acts as Managing Director of Drumhorse, Selbey Anderson’s shared service centre that provides a range of back-office services to the group from Skopje, North Macedonia. He also acts as the ‘C-suite’ sponsor to Selbey Labs.

Latest Insights