Kidz Entertainment/EEMC Reports Record Growth

BRANDORA Editorial Staff - April 2011
 

 
Figures just released by Kidz Entertainment/EEMC have shown record top line growth during 2010 of over 50%.

 

Kidz is the best brand licensing agency in the Nordics and Eastern Europe and is also making significant in-roads into Russia, where it has a strong presence and a second to none commitment to developing the country’s licensing market. The latest batch of figures shows a sustained period of expansion for Kidz, coming on the back of 2009 figures that showed an increase of 35%, and are testament to the company’s focus on growth in all its territories - with revenues in Russia alone more than doubling year on year!

“We are delighted with these latest figures – it represents a record year for our top line and is also backed up by a strong bottom line,” says Kidz Entertainment/EEMC CEO Morten Geschwendtner, “we have a very strong and dedicated team who are responsible for delivering this sustained growth as well as close and productive relationships with all our licensors. We expect to continue our double digit growth in 2011 and deliver yet another record year for both our top and bottom line, which will enable us to invest further in our markets and ensure we continue to deliver strong results for all our partners”.