IDHL GROUP REPORTS 24% GROWTH IN RECORD FINANCIAL PERFORMANCE
The IDHL Group has achieved record financial results in 2016 and huge growth, with a 24% year-on-year increase in turnover.
The revenue totalling £10.5 million includes WMG, Ingenuity Digital (ID) and NetConstruct, based in Harrogate, London and Leeds. This figure represents 100% agency fees, with no advertising spend included.
Besides new client wins, signs of positive growth also came in the form of industry awards. Some of them include ranking 1st in the UK for Client Services (The Drum), 3rd out of all the top digital agencies in the north (Prolific North), and being shortlisted for the Prolific North Inspired Spaces Awards, following the move to a new stylish 10,000 square foot Head Office in Harrogate.
Starting strongly in 2017, IDHL has already made several new key appointments, including Stuart McGregor as Group Commercial Director, and Mark Halstead as Group IT Manager.
As part of the future growth predicted for 2017, the Group is on the lookout for additional strategic acquisition to continue to strengthen the overall offering.
“In a challenging landscape for a lot of digital agencies, 2016 was a fantastic year for our Group,” IDHL Group CEO, Dennis Engel said. “Our record financial performance is testament to the Group’s efforts in helping our customers achieve excellent results – results that have also received industry recognition.”