I am very pleased to report that the Clemenger Group had a very strong year in 2015.
In difficult market circumstances, our organic revenue held firm and with the assistance of some acquisitions, our total revenue was up +9% to $406.9 million*.
This result reaffirms our belief that we have an unfair share of the best people leading and working in our businesses - and that we have so far been successful at adapting to the extraordinary changes occurring in the marketing communications landscape.
We’re obviously delighted for all of our staff, and shareholders in particular, that 2015 was another very good year for us. But that said, we all understand that the pace of change in our industry is rapid and we cannot afford to be complacent.
Our challenge is to continue to do the things today that make us successful - whilst at the same time reinventing ourselves for success tomorrow. This may sound obvious, but that doesn’t make it easy.
This report reflects on some of the highlights of 2015.
There’s much to be proud about. And as we briefly recap on some of the achievements made by each of our businesses in 2015, we also highlight some of the significant innovations and leadership changes made to prepare our businesses for the future.
*Normalised revenue includes Clemenger Group Limited’s share of associates’ revenue.