STAGWELL LAUNCHES LONDON HUB TO SUPPORT EUROPEAN EXPANSION
LONDON, April 18, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates the grand opening of its EMEA headquarters situated in London's Blue Fin Building in the vibrant South Bank neighborhood.
- This milestone closely follows the company's FY 2023 earnings report, which saw Stagwell's EMEA agencies leading growth, with a 17% year-over-year net revenue increase.
- "The collective strength of our 20 multidisciplinary European agencies – brought together at the Blue Fin building – underscores Stagwell's investment in European growth.
- Stagwell has already made two European acquisitions in Q1 2024.
- This gives us confidence that we can help clients transform and win on an ongoing basis," said James Townsend, CEO of Stagwell EMEA.