STW Group reports 10.9% revenue growth

STW Group, one of Australia’s largest marketing groups, has reported a 10.9 per cent uplift in revenue for the last financial year.

The company, which runs agency brands including Ikon Communications, JWT, DT and Ogilvy, saw revenue grow from $322.7m to $357.8m between December 2011 and 2012.

EBITDA grew by 10%, while underlying net profit after tax was up 6.5%.

CEO Michael Connaghan said that the STW Group’s diversification strategy, with interests spread across a range of marketing sectors, was helping the company do well despite tough economic conditions.