Smyle forecasts £2.5m operating profit

The agency is also forecasting a 69% increase in turnover to over £28m for its financial year ending 31 March 2018.

Rick Stainton
Rick Stainton

Smyle Group, home to agencies Smyle, Pumphouse and Smyle Moving image, is forecasting operating profit of over £2.5m and turnover of £28m for the year ending 31 March 2018, an increase of 69% from £16.5m in the previous year. It has also moved its US offices to San Francisco.

The US HQ has moved from Florida to San Francisco to support the increasingly international relationships with a number of key clients based on the West Coast of the US.

The on-going investments continue with the purchase of an office and warehouse adjacent to its HQ in Hertfordshire doubling the scale of its total operation to 27,000 sq ft as well as also taking on a new office next to its current London office in Angel, increasing capacity to over 50 staff.

"This year has been an achievement beyond expectations and supports Smyle’s mission to be the best creative agency in our industry.

"The key now is to maintain this excellent work with our teams all focussed on our client relationships, creating the best solutions for live and moving image projects as well as their delivery at the consistently highest level in our industry," said Rick Stainton, Smyle Group’s managing director.

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