B2B tech marketing specialists, Fox Agency has announced growth of 85% in its latest financial year – increasing turnover from £2.4million to £4.4million within the last 12 months and increasing profit by 264% for the same period.
The integrated agency, which works solely for global B2B tech brands celebrated its 10th anniversary in 2021 and won B2B Agency of the Year at the European Agency Awards.
In addition to growth in turnover and profits, the agency doubled its headcount and won a host of new global tech accounts, including Sony Digital Imaging Europe, Delphi Technologies, Global Switch, Beyond Now, Lionfish, Manx Telecom, and Zenoo.
Fox Agency also expanded remits and signed new long-term contracts with existing global tech clients including Alcatel-Lucent Enterprise, BOBST, and BearingPoint.
Nelson McConnell, director said: “The last 12 months has seen incredible growth across the agency – proving that our pure B2B tech focus and combination of creativity, digital, and PR and content expertise resonates with global B2B brands.
"By increasing the team to now over 50 specialists, we have further developed our experience and capability across the board.”
Looking ahead to 2022, co-founder and director, Al Fox said: “As we look ahead to 2022 and beyond, our ambitious growth plans will only accelerate – this year will see us expand into new global markets, including the US, and we’re currently recruiting for multiple strategic positions across the agency.”
Fox Agency is seeking to grow turnover by a further 60% in 2022, with a target to reach £10million by 2023.