The drpgroup have seen a 110% increase in gross profit for the
first quarter versus the same period last year. The group saw this
huge leap shortly after posting an EBITDA net profit figure of
£1,061,000 for the previous year. Returning client
confidence, huge investment into facilities and equipment and a 40%
increase in team members helped fuel growth this year and last with
2010's figure a record for the group despite the recession and the
Impact of TOMS.
The drpteam have already exceeded their first quarter targets
with only a few days left before the second begins and are already
70% of the way towards achieving their 2nd quarter figure. An
increase in projects from client's old and new accounts for these
results but this has become achievable on the back of the groups
development during its 30th anniversary year.
The group has added 30,000 square feet to its London and
Hartlebury facilities including a brand new construction warehouse
and purpose built video and digital media facility. The group has
also seen the team expand by 40% in the last 15 months, with 27
joining since January alone, increasing capacity across the
business and allowing the delivery of more projects for clients old
and new. Investment in the latest technology
Dale Parmenter, group managing director commented on the recent
promising results, "Throughout the recession we adopted an
aggressive strategy towards investment in our facilities, our
equipment but most importantly, our team. While others were making
redundancies, we were talking people on and its down to the hard
work and strength of the team that we have been able to achieve
such fantastic results in 2010 and such a promising first
quarter."
drpgroup is an integrated full-service communications agency,
designing and producing communications solutions globally. The
group assists a wide range of corporate clients to effectively
communicate to internal or external audiences, through award
winning video, events, print, interactive media and team
development solutions.