The communication consultancy LLYC earns 3.8 million until June and raises its turnover by 70% | Economy

The communication, digital marketing and public affairs consultancy LLYC, which went public last year, registered a consolidated profit of 3.84 million euros in this first half, 25.1% more than in the same period of 2021, as advanced this Wednesday in a statement. LLYC’s total income reached 43.6 million euros through June, 70% more. Operating income increased by 53%, to 35.6 million euros. The firm’s recurring gross operating result (Ebitda) improved by 32% in the first half, to 8.1 million euros, while the net operating result (Ebit) grew by 31.7%, exceeding 6 million euros.

These figures are “well above” those obtained before the pandemic and, with them, the firm meets the objectives set in its strategic plan. For José Antonio Llorente, founding partner and president of LLYC, “the results of the first semester are very positive, even more so in an uncertain and convulsive environment”. “We have continued to advance in our ambitious strategic plan, meeting the objectives that we had established,” he stressed in the statement.

As explained by the company, Europe contributed 35% of operating income and 44% of Ebitda until June, while the Americas contributed 33% and 34%, respectively. The rest was generated by Deep Digital Business, its artificial intelligence and digital transformation solutions area.

The growth of the results of the first semester is in line with the objectives for 2022 approved by the board of directors of LLYC, the firm has highlighted. Specifically, the Budget includes a 35% increase in total revenues, up to 84.7 million euros, while operational revenues would amount to 66.2 million euros, 24% more, and recurring Ebitda would increase by 25%, up to 15.9 million euros.

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