STW lifts earnings in tough ad market
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[February 14, 2012]

STW lifts earnings in tough ad market

Feb 14, 2012 (The Australian - ABIX via COMTEX) -- Marketing and communications group STW has reported a 6.8% increase in underlying net profit after tax to $A41.3m for 2011, with revenue up from $A304.3m to $A322.7m. STW CEO Mike Connaghan says the result was "solid" in a tough year for the retail advertising sector. Billings were up 20% in 2011, but an expected boost in December 2011 for the Christmas season did not eventuate.


Publication Date: 15 February 2012 STW COMMUNICATIONS GROUP LIMITED - ASX SGN LAWRENCE CREATIVE STRATEGY PTY LTD MINDSHARE IKON COMMUNICATIONS CORPORATION PTY LTD BLOOMBERG AUSTRALIA

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