Aeorema Communications, the live events agency, has said it expects first half revenue to be the highest on record in a strong period of trading.
The company said revenue was expected to be £4.5m in a trading statement released on Tuesday. This will be a dramatic improvement on last year’s sales in which the company reported just £5.1m for the year ended 30th June 2021.
Aeorema Communications shares jumped over 30% to the highest level since 2015.
Aeorema provides event solutions through their Cheerful Twentyfirst division and counts Google, BBC, Vodafone and the Wall Street Journal as their clients.
The pandemic ravaged their business in 2020 as numerous events were cancelled and customers held off new bookings. The reversal in revenue will pay testament to their ability to pivot to the new environment of remote working and virtual engagement.
Aeorema also announced the appointment of Hannah Luffman to the board of directors in the newly created role of Group Commercial Director. Luffman was previously Aeorema’s Strategy Director having successfully founded Unicorn Events, achieving significant revenue growth in a short period.