Chime Communications reports highest ever pre-tax profits

LONDON - Chime Communications, the marketing services group that owns VCCP, Bell Pottinger and Stephens Francis Whitson, has reported a 4 per cent rise in pre-tax profits for the six months to 30 June 2009.

Bell...'cautiously optimistic'
Bell...'cautiously optimistic'

The company announced profits of £8.5 million for the period, the highest first-half pre-tax profit in its history.

Operating profit rose 3 per cent from £9.1 million to £9.4 million year on year, with operating income up 7 per cent to £58.4 million.

Chime Communications attributed the figures to a healthy new business pipeline, which saw VCCP pick up the Emirates and nPower accounts, along with increased income from some of its largest clients.

Lord Bell, the chairman of Chime Communications, said: "Having delivered the highest profit in our history we have outperformed the market and our competition and achieved first half results ahead of expectation.  We are delighted and remain cautiously optimistic for the full year."

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Share

1 Meet the new breed of ad agency chiefs

A new wave of first-time CEOs are opting to do things differently in an evolving landscape. They discuss the business model of the future with Jeremy Lee.

Case study: How 'This girl can' got 1.6 million women exercising
Shares0
Share

1 Case study: How 'This girl can' got 1.6 million women exercising

"This girl can" was based on a powerful insight: that the fear of judgement by others is the primary barrier holding women back from participating in sport.

Just published

More