George P Johnson agency reports 19.16% increase in turnover to more than £40m last year

Experience-marketing agency not expecting any adverse effects of Brexit, 'due to diversified and international client base'.

George P Johnson's home page
George P Johnson's home page

George P Johnson has increased both its net turnover by almost 20%, according to its latest financial statements.

Turnover has jumped from £34,127,022 in 2015 to £40,667,148 in 2016 and operating profit was £392,994, up by 13.68% compared to 2015.

The report included with the accounts said: "The company’s turnover for the year ended 31 December 2016 increased by 19.16% (2015- increased by 16.49%) and the company’s gross margin increased from 8.48% in 2015 to 8.59% in 2016." 

"The principal risks facing the company include the uncertain economic climate, which is affecting customers. The directors continue to monitor and review the company’s performance in the light of forecasts and market expectations as part of their ongoing management of risk.

 "In June 2016, the UK exited the European Union but we do not foresee any material effect due to our diversified and international client base."

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