Stein IAS delivers record revenue and account growth for its 2016/17 fiscal year
21 March 2017
One year into a five-year accelerated growth plan, global B2B agency Stein IAS is smashing records for financial and new business performance.
This month, the agency reported a 24% year-over-year increase in revenue for its fiscal year ended in February. Performance was driven by existing account growth, 15 accounts wins and 107% increase in average revenue-per-client. During this period, Stein IAS has also appointed 34 new members to teams across its New York, San Francisco, London, Manchester, Paris and Shanghai offices.
Stein IAS’ tremendous growth is largely a result of its ability to help Tier 1 global, regional and national brands achieve transformational marketing impact. Long-time relationships with such brands as Trelleborg Group and ABB have expanded significantly. The agency has brought on board blue-chip brands, such as Korn Ferry, Riverbed Technology and Panduit.
Chief Executive Officer, Rob Morrice, says: “Our clients need an agency partner they can trust to deliver on their global brand and demand goals. They also are seeking a partner to help take advantage of the opportunities afforded by marketing and ad technology, and by sophisticated use of data science. It’s a highly competitive world out there, but we have the management team and a world-class army of B2B specialists doing it better than anyone else. That’s proven by the exceptional year we’ve just had, but there’s plenty more growth and achievement to come.”
In the last 12 months, global people and organizational advisory firm Korn Ferry appointed Stein as agency partner to deliver multichannel campaigns across its lines of business.
A bigger book-of-business comprising brand leaders is responsible for the significant increase in agency headcount, which now stands at 155.
|TEL||+44 1625 578578|