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Talent grows EBIT by 93% as revenue edges closer to $1 billion

Talent has achieved 93% EBIT growth in the past financial year, and has set out its plans for doubling profits in the next four years as Australia's "last independent super agency".

The company's global EBITDA increased to $27 million, on revenue up 26% year-on-year to $909 million, says CEO Mark Nielsen.

In ANZ alone, EBIT grew 85% to $23 million, he tells Shortlist.

Nielsen says the results indicate a strong return on investment from its expansion into the US, UK, and Germany, as well as growth in its Solutions and Avec businesses...