Huntsworth Reports Profitable First Half, 20 Percent PR Margins
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Huntsworth Reports Profitable First Half, 20 Percent PR Margins

Huntsworth, parent company to public relations brands including Citigate, Global Consulting Group, Grayling, Red Consultancy and Trimedia, has reported profits “well ahead of market estimates” for the first half of the year.

Paul Holmes

LONDON—Huntsworth, parent company to public relations brands including Citigate, Global Consulting Group, Grayling, Red Consultancy and Trimedia, has reported profits “well ahead of market estimates” for the first half of the year, with operating margins in the company’s public relations operations—more than 90 percent of its total revenues—of better than 20 percent.

In the first six months, Huntsworth companies have won £25m of net new fees, according to non-executive chairman Jon Foulds. New clients include John Lewis Partnership (for corporate and financial PR), Waitrose (for its launch in Scotland), Royal Mint (PR and public affairs), BDO Stoy Hayward, the RSPCA and Grupo Ferrovial (for its bid for BAA). The firm has also added business from existing clients Deutsche Telekom, National Grid Transco, and Yell Group.

The firm says it expects to raise its interim dividend by 20 percent to 0.6p per share.

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