MADRID, 21 Sep. (EUROPA PRESS) -
The communications, digital marketing and public affairs consultancy LLYC (formerly Llorente and Cuenca) earned 4.5 million euros in the first half of the year, which represents an advance of 13.4% compared to the same period of the previous year, according to The company reported this Thursday.
LLYC's total income reached 48.7 million euros until June, 12% more, while operational income - the totals less rebilling of customer services - increased 12%, to 39.9 millions of euros.
The firm's recurring gross operating result (Ebitda) improved by 9% in the first half, to 8.8 million euros, while the net operating result (Ebit) grew by 16.7%, exceeding the 7 million euros.
The firm has explained that the results until June are in line with what was budgeted and, after these six months, LLYC has reached 50% of the income and Ebitda target planned for the entire year.
LLYC has highlighted that the organic growth in income, of 8%, is above that reported by companies in the sector and driven by the operations with the most impact on the group due to their volume, specifically, Madrid, São Paulo and Mexico.
In addition, the company has highlighted that the acquisition of the American agency BAM in March has turned the United States into LLYC's third market in volume after Spain and Mexico.
By business units, the firm has pointed out the strong growth of Deep Digital, which has improved its income by 25% in the first half.
By region, Europe (Spain and Portugal) accounted for 44% of operating income and 49% of recurring Ebitda; North (Mexico, Panama and the Dominican Republic), 26% and 21% respectively; Andean (Colombia, Peru and Ecuador), 11% in both variables; United States, 9% of operating income and 10% of recurring Ebitda; and South (Brazil, Argentina and Chile), 10% and 9%.
The partner and global CEO at LLYC, Alejandro Romero, has estimated that 2023 will be another year of double-digit growth, while highlighting the increasingly "strong and diversified" character of the company.
