TRO reports profit and turnover growth

TRO Group has recorded a 13% increase in turnover for the year ending December 2015.

TRO website
TRO website

Pre-tax profit rose from £1.9m to £2.3m, while turnover also increased from £30m to £34m.

They agency's most recent financial report, filed with Companies House, follows a successful year for the agency which saw an expansion into New Zealandpartnership with an Italian agency in Milan, and the hiring of 20 new event operators

Writing in the report, Keith O’Loughlin, chief executive of TRO said: " The TRO UK board were pleased with a strong performance in 2015, finishing ahead of plan and achieving all key strategic objectives. The performance was based on a solid foundation of existing client work with profit uplift resulting in new service in Retail Experiences.

"The previously identified trend for clients looking for regional agency solutions has built momentum with more than 50 per cent of new business enquiries looking for agencies that can work in multiple European markets. To capitalise on the trend, our European operations have continued to expand, opening offices in Barcelona, Madrid and Milan in 2015, along with other international offices in Asia and a strategic partner in the US, we are well placed to respond to the requirement for regional and global contracts."

See more TRO:

TRO appoints new PR and comms manager

Luci Beaufort-Dysart leaves TRO

TRO hires 20 new event operators 

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