Chime Communications reports highest ever pre-tax profits
By Matt Williams, campaignlive.co.uk, Tuesday, 25 August 2009 09:50AM
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.
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."
This article was first published on campaignlive.co.uk
- Product Translator - German Creative Recruitment £80 - £100 per day, West London
- Marketing Officer (8 weeks / 2 month contract) Stopgap £25000 - £28000 per annum, West Midlands
- PR Account Manager Blue Skies Marketing Recruitment £30,000 to £40,000, South West London
- Interim Marketing Consultant Stopgap £600 - £650 per day, North West England
- Personalisation Analyst Aspire £30000 - £35000 per annum + bonus and benefits, London
- Google's European leader says viewing habits are 'changing dramatically'
- Land Rover to move global ad account into Spark44
- Martin Sorrell talks Maurice Lévy, Tesco, and the global outlook
- Viacom to bring Breaking Bad to Freeview with Spike launch
- 'Advertisers are snake oil salesmen', says Peter Oborne
- Adam & Eve/DDB grabs £100,000 prize from Posterscope