STW Communications Group Limited
(ASX:SGN) has announced the results of a strategic and operational review of the company.
The company admitted that it was behind the eight ball in 2014 resulting in the first year of negative growth since the GFC.
A new management structure will forge stronger relationships with key businesses whilst the appointment of a Chief Talent Officer will allow the acquisition and retention of high quality personnel.
The company will slash costs and maximise operational efficiencies to streamline finances in a bid to maintain strong operating margins.
STW Communications reported a net profit of $57.4 million for the full year ended 31 December 2014.