Huntsworth Bullish on Strong New Business Pipeline
Charting the future of public relations
Holmes Report
CEO

Huntsworth Bullish on Strong New Business Pipeline

Huntsworth, parent company of Citigate, Grayling, and Red Consultancy public relations brands, says the new business environment for both its public relations and Huntsworth Health divisions has shown steady and incremental improvements.

Paul Holmes

LONDON—Huntsworth, parent company of Citigate, Grayling, and Red Consultancy public relations brands, says the new business environment for both its public relations and Huntsworth Health divisions has shown steady and incremental improvements since it announced interim results in August and its new business pipeline “continues to gather momentum, with net new business won in October 2009 ahead of the same period last year.”

 

The firm says its Citigate financial communications firm has added Kamzam, Central Bank of Nigeria, the Department for Business Innovation & Skills U.K. Innovation Investment Fund, Movetis, Halfords and EDF as clients and advised German cable TV company Unitymedia on its sale to Liberty Global.

 

Grayling, meanwhile, has extended its relationships with U.K. client Lyle & Scott via a new European brief, and with Iberia Lubes and Skype across Europe. It has won new accounts for Sophos, O2, The British Legion and HSBC in the U.K. and Rodman & Renshaw Capital Group in the U.S.

 

At Red, new account wins include Yakult, ESRI and Nytol as well as The Department for Children Schools & Families.

 

The company says it now has 96 percent of its forecast annual revenues committed, in line with the same period last year, and expects to have 70 percent of revenues for 2010 committed by January of next year.

 

Says the group in a statement: “The economy in which we are now trading is significantly better than at the turn of the calendar year and we have very good visibility on 2009 and for 2010. We are very encouraged by the amount of new business in the pipeline, the opportunities being presented for multi-office business, and the cultural enhancement which the branding initiative has produced. This, and what we see as improved scope for corporate opportunities, gives us great confidence in the future.”

 

View Style:

Load 3 More
comments powered by Disqus