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Narva reports record results

Year-end financial statements revealed the strongest results in Narva’s history – a journey that began in 2000. Revenue and profit are the highest ever.

Sales reached SEK 97.3 million, fee income SEK 85.3 million, and earnings before interest, taxes, and amortization (EBITA) stood at SEK 11.0 million.

Several factors drove the growth: Narva created broad, strategic, business-critical solutions for its customers. Its partnerships with large listed companies and pharmaceutical industry customers continued to flourish.

Narva’s sustainability expertise has been crucial for the strong development. Companies need help in analyzing their sustainability impacts, developing new sustainability strategies, and communicating with their customers and external stakeholders about this.

Strong performance in competitions
The SABRE Awards* program recognized Narva as Global Healthcare Agency of the Year.

Narva has continued to win awards and was one of the most nominated agencies for the Swedish Design Award (seven nominations) and the Publishing Award (two nominations).

And once again, Narva was one of five finalists in the Nordic Consultancy of the Year category (also within the SABRE Awards program).

Trust and transformation
During the year, Narva launched a new strategy, new goals, and a new mission. Narva’s trust and transformation mission statement summarizes the value that Narva creates for its clients and what Narva’s employees do in their daily work.

The financial statements cover 12 months from October 2018 to September 2019. Year-end financial statements are for the first full fiscal year with Aller Media as the principal owner. So comparisons with the previous year’s financial statements are difficult to make, because those only covered nine months. Narva consists of Narva Communications AB and its subsidiary Narva Heart Communications AB.

*The SABRE Awards constitute the world’s largest PR awards program, which recognizes exceptional achievement in branding and reputation in North America, EMEA, Asia-Pacific, Latin America, South Asia, and Africa. The awards are delivered via the Holmes Report, a voice for the global public relations industry.