Creative technology company Enero lifted revenue 35.5% to $61.8 million in the September quarter.
In a trading update at the company's annual general meeting, CEO Brent Scrimshaw said the Creative Technology segment, which includes digital creative agency Orchard and adtech platform OB Media, continued its strong financial performance over the quarter.
The Brand Transformation segment has benefited from the contributions of ROI DNA and GetIT, though is experiencing some impact from macro conditions in the US and UK that may contribute to slower client decision making continuing into Q2.
Enero remains focused on delivering organic growth and strong margins in FY23.
Throughout the quarter, Orchard won the digital creative account for Epson, led a national B2B integrated campaign for the electronics company and launched a new digital transformation experience for Tourism Tasmania, while OB Media continued to deliver outstanding growth from its adtech platform.
Enero Group’s Brand Transformation segment – which is made up of agencies such as Hotwire, BMF, CPR, ROI DNA and GetIT – also saw a number of new business wins including global and local leaders through its digital transformation capabilities, such as technology consulting services provider Endava, audio company Sennheiser, programmatic OOH company Vistar Media, and user-generated software company Bazaarvoice.
Brent Scrimshaw, Enero Group CEO, said: “Despite the challenging macro conditions globally, we continue to see positive momentum in Q1 FY23, building on our growth story of the past few years.
"We have built a well diversified revenue base across a portfolio of businesses and geographies and continue to invest in critical talent to support our growth ambition and strategic positioning."
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