Profits grow at STW

Tim Burrowes

February 14, 2012 11:32

STW Group has delivered a solid result with a slight rise in profits for 2011.

The company’s agencies include Ogilvy, Bohemia, DT Digital, Howorth, JWT, Junior, Moon, Shift, The Brand Agency, The White Agency, TCO and Tongue.

STW’s net profit after tax from its advertising, media and production interests rose from $31.7m in 2010 to $32.1m in 2011. And its diversified marketing and comunications profits rose from $23.9m to $24.6m. Total operating profits were up from $55.6m to $56.7m.

STW is partly owned by WPP.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.

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3 COMMENTS

The Fence 14 Feb 12

Does anyone think STW could get to finishing Junior’s website. It has been undergoing a ‘bit of a nip and tuck’ for 9 months. Goodbye Steve and Matt. Hello big agency cog that never gets anything done.

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Chris Savage 15 Feb 12

CORRECTION

In the interests of accuracy… Our underlying Net Profit After Tax rose 6.8%, from $38.7 million in 2010 to $41.3 million for 2011. The numbers you have reported are just for our Advertising, Media and Production division. This $41.3 million profit figure represents OUR SHARE of profits, after tax and after all holding company expenses and interest, in the businesses we have investments in. Thanks.

Chris Savage
Chief Operating Officer
STW Group

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mumbrella 15 Feb 12

Thanks for flagging that up, Chris. Now duly corrected.

Cheers,

Tim – Mumbrella