Enero Group has reported its half year results for the six months ended 31 December 2020. The results highlight a strong financial performance during a challenging environment and represent the rollout of its creativity-led, data smart and technology-enabled strategy that aims to scale and expand the progressive capabilities of its core agency brands, including BMF, Hotwire and Orchard. The Group’s net revenue was up 19.0% to $81.0m and operating EBITDA up 129.2% to $24.3m on the prior reporting period. International markets (USA and Europe) represented 60% of the Group’s net revenue and 73% of the Group’s operating EBITDA. Operations in North America (primarily through OBMedia in the USA) drove the majority of the net revenue and operating EBITDA growth, up 66% and 187.9% respectively on the prior reporting period. Adding to the momentum is the increased revenue growth in Australia at 7% and UK and Europe at 2%, both surpassing expectations.
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