Third quarter financial results announced

Author: Mark Tiedens
Illustration of light beams across the European continent


Leader in technology and sustainable solutions

HH Global, the world’s fastest-growing and most innovative marketing execution partner, today announced financial results for the three months ended December, 2017.  

Financial highlights

  • Revenue was £95.4 million in the third quarter, an increase of 16.3% compared with £82.0 million in the third quarter of FY 2017.

  • Gross profit was £20.8 million, or 21.8% of gross revenue in the third quarter, a 10.1% increase compared to £18.9 million, or 23.0% of gross revenue, in the same period of last year.

  • Non-GAAP adjusted EBITDA was £5.8 million in the third quarter, reflecting 35.3% growth as compared to £4.3 million in the third quarter of FY 2017.

Business Highlights

  • Won the edie Sustainability Leaders Award 2018 for Sustainability Innovation: Standards, Systems and Software, underscoring both our commitment to delivering sustainable solutions and innovative technologies.

  • Received the Amazon Growing Business “Business of the Year: Larger Company” award recognising ongoing growth and strong track record.

  • Signed contract with a Fortune 100 financial services company valued at £17 million of annual gross revenue at full run-rate.

  • Received commitments for expansion of existing or new enterprise contracts during the quarter bringing the fiscal year-to-date cumulative total to more than £61 million of annual gross revenue at full run-rate.

“Our leadership in technology and sustainable solutions differentiates us in the market and contributes to our ability to win and retain customers” said Robert MacMillan, Group Chief Executive Officer of HH Global. “We are pleased by the industry accolades that we have received and by our continued growth.”

“While our third quarter financial results reflect the impact of our recent acquisition of PostNL Print Management (PPM), the EBITDA expansion comes as technology investments have made us more efficient,” said Edward Parsons, HH Global’s Group Chief Financial Officer. “We are well positioned to meet our financial goals for our fiscal year.”

12 : Lloyds Banking Group shortlisted for World Procurement Award,Full Fiscal Year 2018 Results,Value through Ariba Network,Sunday Times HSBC International Track 200 list,New manager for Argentina,MacMillan quoted in InfoTrends,House of Commons speech,Sunday Times HSBC International Track 200,The Story of Parliament,Winner of Entrepreneur of the Year Award,10 Downing Street,Price appointed CEO Asia Pacific


2018 May 18
Lloyds Banking Group shortlisted for World Procurement Award

Lloyds Banking Group and HH Global shortlisted for World Procurement Award for external collaboratio…

Company / Approach
earth from space
2018 May 17
Full Fiscal Year 2018 Results Announced

Results set new company records

Company / Finance
SAP Ariba logo
2016 April 15
Value through Ariba Network

HH Global implements Ariba to achieve improved collaboration

Global CEO Robert MacMillan collecting Sunday Time HSBC International Track 200 award with Chief Digital and Innovation Officer Kevin Dunckley
2016 September 22
Sunday Times HSBC Intl. Track 200 list

We moved up 11 places, with a 36.2 per cent two-year compound growth rate

Buenos Aires skyline at sunset with ship
2015 September 10
New manager for Argentina

Pablo Borensztein has been promoted to Country Manager for Argentina

Robert MacMillan - Global CEO
2016 May 30
MacMillan quoted in InfoTrends

"Exploring the State of the Global Marketing Print Management Market"

Company / Print
Statue of knight on horse in front of building
2015 August 5
House of Commons speech

HH Global was mentioned last week by Paul Scully during the budget debate

Edward Parsons Group CFO and Robert MacMillan Global CEO collecting Sunday Times HSBC International FastTrack award
2015 July 13
Sunday Times HSBC Intl. Track 200

HH Global one of the UK’s top 200 private companies

Big Ben and Parliament building from Thames River bridge
2015 July 1
"The Story of Parliament"

HH Global has been highlighted in a new publication

Robert MacMillan - Global CEO
2015 June 25
Entrepreneur of the Year

Global CEO awarded the prestigious title in Ernst & Young’s annual awards

David Cameron conversing with HH Global CEO Robert MacMillan
2015 June 23
MacMillan visits 10 Downing Street

Global CEO to engage in conversation with Prime Minister about issues facing UK businesses

Andrew Price, CEO APAC
2015 June 15
Price appointed CEO Asia Pacific

Price will be responsible for growing the HH Global Asia Pacific business region

Company / Print