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Enero Group's Revenue Plummets, New COO Aims for Recovery

2/26/2025

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Summary

Story summary

Enero Group faced a challenging first half of FY25, with revenue plummeting 12% to $88.3 million and net profit halving to $3.2 million due to tough economic conditions. However, its Technology, Healthcare, and Consumer Practice thrived, boasting a 17% EBITDA growth and landing significant clients like Westpac. To spearhead recovery, Ian Ball has stepped in as COO.

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Story summary

Enero Group faced a challenging first half of FY25, with revenue plummeting 12% to $88.3 million and net profit halving to $3.2 million due to tough economic conditions. However, its Technology, Healthcare, and Consumer Practice thrived, boasting a 17% EBITDA growth and landing significant clients like Westpac. To spearhead recovery, Ian Ball has stepped in as COO.