HH Global Announces Preliminary Financial Results for the Third Quarter of Fiscal Year 2020

HH Global Announces Preliminary Financial Results for the Third Quarter of Fiscal Year 2020

PR Newswire

LONDON, March 10, 2020

Financial strength and Blackstone investment set the foundations for future growth, both organically and by acquisition

LONDON, March 10, 2020 /PRNewswire/ -- HH Global, the world's fastest-growing and most innovative outsourced marketing execution partner, announces its unaudited financial results for the third quarter of fiscal year 2020, ended December 31, 2019.

Third quarter 2020 financial highlights

Business highlights

"This quarter was very exciting to us," said Robert MacMillan, HH Global Chief Executive Officer. "We received commitment and recently closed the transaction with Blackstone, putting us in a great position to continue growth both organically and by acquisition. Our core marketing materials outsourced procurement business continues to outperform that of our peers and our clients are starting to see real value from our new service lines."

Edward Parsons, Group Chief Financial Officer of HH Global, said: "We set another company record across revenue, net revenue, and EBITDA. Forecasts for the remainder of our fiscal year are strong. We believe the growth trends established over the past year will continue for the foreseeable future."

About HH Global

HH Global Ltd., founded in 1991, is a leading, strategic marketing execution partner to prominent brands in 44 countries. The company uses people, data and technology to provide customer experience, content development, and outsourced procurement services across multiple marketing delivery channels globally. Every HH Global solution brings deep expertise of over 1300 employees directly to clients by embedding a team on-site in their marketing departments. HHub, a best-in-class marketing technology platform, data analytics capabilities, and an expansive list of suppliers help HH Global teams drive down cost, time to market, improve quality and increase sustainability for its clients. The company also operates HH Labs, the center of its innovation programme, that brings fresh, new ideas to clients. With over $650M of spend under management, HH Global maintains a razor-sharp focus on cost and quality, combined with an industry-leading sustainability program, offering improvements that provide both fiscal and environmental value. For more information, visit www.hhglobal.com.

Logo - https://mma.prnewswire.com/media/471140/hh_global_Logo.jpg

Voltar noticias em Inglês