November 17, 2009 03:00 ET

Econsultancy Profits Up 30% and Investing in Significant International Growth

LONDON, UNITED KINGDOM--(Marketwire - Nov. 17, 2009) - Econsultancy (, the B2B online publishing and training company serving the global digital marketing community, today confirmed EBITDA profit growth of 30% for 2008 and announced it was on target for another 30% EBITDA growth for 2009 despite tough market conditions. This follows six years of profitable growth since its launch in 1999 as a community and 2003 as a subscription service.

Econsultancy is a privately owned, subscription-based online publisher and community with offices in London and New York. With 85,000 global members, it offers best practice reports, analysis and insight into the business of digital marketing and e-commerce. Econsultancy also trained more than 3,000 people last year on its public courses and in-house customized training programmes and launched the UK's only MSc in Digital Marketing together with Manchester Metropolitan University. Its teams in the US and UK run more than 100 events each year, ranging from roundtables to large conferences for 300+ delegates.

Ashley Friedlein, CEO, commented: "It's been a brutal year for business media and extremely hard for many publishers to generate profits from online activities. However, we invested over Pounds Sterling 500,000 last year in our publishing platform which has allowed us to grow memberships and offer our content globally. Our business model, based on community, loyalty and work flow needs, has kept our membership renewals high, our event attendances growing and the training faculty at full tilt. As online marketing comes to the fore, more and more marketers are turning to us for content, advice, training and the collective power of their peer community. We are excited about our prospects for 2010 and planning to invest aggressively to grow our business, particularly internationally."

Contact Information