The Leatherhead-headquartered business recorded sales of £108.7m in its unaudited results for the three-month period to 30 September 2019, up from the £92.4m achieved in the same period last year.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation), meanwhile, jumped by 86.5% from £3.7m in Q2 last year to £6.9m.
The company’s recent business highlights have included its agreement earlier this month of a £100m strategic minority equity investment from Blackstone Tactical Opportunities, which will enable it to grow its newly developed data and digital multichannel marketing offering with a global buy-and-build strategy.
The firm said it also secured commitments in the period for enterprise contracts with the collective total of over £85m of annual gross revenue at full run rate. Half of the company’s conversions came from existing clients, which it said underscores “high client adoption and satisfaction rates”.
Additionally, the business rolled out its data-powered ‘Customer Experience’ service line with an existing global financial services and insurance client and an existing global life sciences client, leveraging the capabilities of data marketing business Blueberry Wave, which it acquired earlier this year.
“This quarter’s financial results solidify the incredible growth that we have achieved over the past seven years,” said HH Global chief executive officer Robert MacMillan.
“Our new partnership with Blackstone, together with our strong financial results, solid client partnerships, and successful integration of recent acquisitions set the foundations for future growth and expansion. We are excited by our market potential.”
Group chief financial officer Edward Parsons added: “Top- and bottom-line growth trends have not abated. The investments made over the past years to establish a global platform with uniform financial processes are paying off with double-digit growth across all of our regions while keeping costs under control and increasing EBITDA performance. Our platform is well suited to support our future growth plans.”
HH Global has also recently released its first annual sustainability report, ‘Innovation with Purpose’, which details its sustainability strategy, achievements and alignment to the UN Sustainable Development Goals; 17 goals to tackle poverty, inequality, and climate change by 2030.
