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.
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Note to Editors
Selbey Anderson commenced trading in 2019 after raising private equity from two entrepreneurial family offices. The group acquires and builds creative agencies that can find and unlock hidden value in businesses that answer future human needs. It focuses on mobility, financial security, connectivity, vitality, home life and recreation. Robert Senior, former CEO Worldwide of Saatchi & Saatchi, joined Selbey Anderson as Chair in 2021.