TRO reports 11% increase in turnover

Agency TRO has recorded an 11% increase in turnover for the year ending December 2015, while gross profit has grown from £10.7m to £11.5m for the same period.

Wyrley-Birch: growth in experiential in the retail sector
Wyrley-Birch: growth in experiential in the retail sector

Figures filed at Companies House show that the agency's turnover/billings for the UK for end of 2015 were £34.4m, compared to £30.9m for the end of 2014. Speaking to Event, Michael Wyrley-Birch, chief operating officer at TRO, said the agency had a strong year in 2015, as a result of growth from existing clients and an increase in experiential activity in the retail sector. He singled out pop-up shops for retail and automotive clients as one key area of growth and also said that the use of creative technology within experiential is also a growing area. 

The agency has implemented pop-ups for brands including BMW and, and earlier this year, it announced the launch of , which houses a global team dedicated to the discovery, development and implementation of innovative creative technology solutions.

Wyrley-Birch said: "We have strong plans for 2017 and in retail in particular, where everything is about experience and human engagement. Online shopping has transformed retail from a transactional environment to one that focuses on discovery. We are continuing to invest in these areas: the invited audience and experiential; consumer engagement and retail."

He added that the agency would announce a fourth area of focus in the new year. TRO recently announced that it will at Goodwood Festival of Speed. 

, which featured a time capsule showcasing models from the past and the future. 

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