UK - Award-winning technical event production company Hawthorn has recorded a 25% increase in turnover to £18m in its last financial year (July 2015-June 2016).
Since the acquisition of technical production house Anagram in 2013, the company has embarked upon an ambitious five-year growth plan to increase its turnover from £11.3m to £20m by July 2018. Hawthorn is on track to achieve this in 2017 - its 30th anniversary year - one year ahead of target.
To support this growth, the company has seen a significant investment in its people and training, with a 16% increase in employees, rising from 129 in June 2013 to 162 in June 2016; by 7 December 2016, the employee count had already risen to 187.
Key factors contributing to the company's continued expansion since 2013, says the company, include:
Investment in the in-house sales and marketing team and the launch of a new Hawthorn brand in 2015, which amalgamated the Core Creative, Rex Howard Drapes and Anagram brands under one name: Hawthorn.
Successful development of existing client accounts and new business acquisition across the company's hire, installation & sales and technical event production services.
A £9m investment over three years in new equipment and major warehouse improvements at the company's Leicestershire headquarters.
Significant expansion in equipment supp