Home Archive DDFH&B’s Profits Surge to €3.54m in 2012

DDFH&B’s Profits Surge to €3.54m in 2012

Miriam Hughes, DDFH&B Group CEO

DDFH&B consolidated its position as Ireland’s largest and most profitable creative agency group with gross client billings of €67.35m and pre-tax profits of €3.54m in the year to the end of December 2012.

According to accounts for the agency group, which have just been filed with the Companies Registration Office (CRO), gross client billings, which included a contribution  from Mindshare, in which DDFH&B owns a 50% stake, fell back from €73.88m in 2011 to €67.35m in 2012. However when the Mindshare contribution is stripped out, turnover directly attributable to the agency and its subsidiaries rose from €25.28m in 2011 to €27.54m last year. In addition the company’s gross profit rose from €8.57m to €9.4m while operating profit weighed in at a healthy €3.4m, up from €2.7m. The agency’s pre-tax profit for the year, meanwhile, amounted to a very handsome €3.54m.

The agency boasts a blue-chip client portfolio that includes the National Lottery, Bord Gáis, eircom, Jaguar, Denny, Galtee, Londis, Nestlé, Diageo, Mazda and SuperValu. At the end of 2012, it employed 114 staff. The agency is headed up by Miriam Hughes while agency chairman and co-founder Jim Donnelly remains the group’s largest shareholder.