Touch Associates to expand with turnover up 85%

The Surrey-based agency plans to move offices later this year to a building triple the size of its current HQ.

Touch's website
Touch's website

Turnover at Touch Associates increased 85% in 2016 to £27.724m for the year, while profit also grew 33% to £1.31m and equity shareholders funds grew by 45% to £1.63m.

In a financial report, the agency also claimed it intends to upgrade its current offices to something three times bigger later this year.

A statement accompanying the financial report for the year ending 31 December 2016 said: "The figures provide us with the reassurance that our strategy for sustainable and consistent growth in the UK and US offices is working.

"To ensure success for our long-term ambitions at Touch, we have been focusing our attention on continuous investment by recruiting a high caliber of personnel to enable us to deliver a consistent high-quality service.

"Our consistent quality of delivery is giving our customers the confidence to reward Touch with long-term preferred supplier contracts, providing both stability and the confidence for us to continue with our long term investment strategy.

"Our ongoing strategy is to continue to broaden our client base across several market sectors but with specialist expertise in both pharmaceutical and automotive industries; both of which are growing on a global scale."

In July, Touch had a big client win when it announced it had won the contract to produce car manufacturer Ford’s largest media launch event of 2017.

 

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