Wellcom: Result 2016

Advertising and marketing production agency Wellcom reported a good 2016 result.

Advertising and marketing production agency Wellcom reported a good 2016 result (see Table 1), with its three segments each recording rising revenue and earnings before interest and tax (EBIT).

The company still earns more than half its net revenue from Australasia. Ignoring the $345k lost on Dick Smith entering administration, $500,000 in foreign exchange fluctuations and other one-offs, this segment’s margin improved in 2016.

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