Thursday, September 21, 2006

Ex Shandwick Chief's new empire ups profits

Huntsworth PLC , made a pretax profit of £5.02 million in the six months to June 30 2006, jumping from just £1.31 million the prior year.

Continuing revenue grew to £70.1 million stg from £40.7 million.

Chief executive Lord Peter Chadlington said the first half has given the group a strong start and a firm foundation for the full year.

'We have been encouraged after the summer months by the marked pick up in new business activity which gives us confidence for the full year.'

In the first half, the group's Public Relations revenues grew on a like-for-like basis by 6% and Non Public Relations activities (primarily event management) declined by 18% giving an overall like-for-like growth of 3.4%.

Consultancies in the Huntsworth group include: