A 66% y-o-y increase in FY23 (June) revenue is built on recent strategic investment in capacity and profile in key global markets. Aeorema Communications plc (AEO.L) now has strong back-end operations, accounts and strategic growth teams, and initial critical mass in the US. This provides a strong platform for growth, a key component of its overarching strategy for future success. Momentum is building on the back of consistently high retention rates and demand from new clients. The full impact of its investment in EMEA and US businesses should become apparent this financial year, as some set-up costs related to investment in group structure and foundations fall away. Underlying margins will build progressively as the group capitalises on its strong business fundamentals to meet client demand for industry leading brand experiences.
