Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHNT.L Regulatory News (HNT)

  • There is currently no data for HNT

Interim Management Statement

15 Nov 2012 07:00

RNS Number : 1649R
Huntsworth PLC
15 November 2012
 



 

15 November 2012

Huntsworth plc

("Huntsworth" or "the Group")

 

Interim Management Statement

 

 

Huntsworth plc, the international public relations and healthcare communications group, today publishes its Interim Management Statement for the period since 30 June 2012.

The Board expects 2012 profits before tax and highlighted items to be significantly ahead of 2011, although at the lower end of current market expectations.

Group revenues in the third quarter have, in common with other companies in the marketing services sector, been adversely affected by the economic conditions in the UK and Europe - which account for 60% of group revenues - and by the downturn in financial and corporate activity in the UK financial markets.

Group like-for-like revenues declined by 3.6% in the third quarter against 7.0% growth in 2011. Huntsworth Health reported growth of 6.8% and Red growth of 11.4%. Grayling, which has the majority of its divisional revenues in Europe, reported a decline of 7.6% and Citigate, the financial public relations division, a decline of 17.2%.

Sally Withey, Chief Operating Officer and Finance Director, said:

"Huntsworth Health showed strong revenue growth in Q3 with no sign of the downturn which affected Q4 2011 and Red continued to show excellent revenue growth. In Grayling, new multi-office business could not offset a further slowdown in Q3 across the Eurozone. In Citigate, revenues in Europe and the Far East showed some growth but the division was held back in London by the continuing lack of activity in the UK financial markets.

"Whilst revenues in the third quarter were softer than anticipated, costs have been controlled and we therefore expect to show a significant improvement in profitability for calendar 2012."

The balance sheet remains robust and we continue to operate comfortably within our banking covenants.

 

Contacts:

Huntsworth plc: +44 (0)207 224 8778

Peter Chadlington, Chief Executive

Sally Withey, Chief Operating Officer and Finance Director

 

Citigate Dewe Rogerson: +44 (0)207 638 9571

Simon Rigby

Angharad Couch

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSBKQDQOBDDNDD
Date   Source Headline
26th Jul 20177:00 amRNSInterim Results for the six months to 30 June 2017
11th Jul 20172:28 pmRNSHolding(s) in Company
6th Jul 20172:04 pmRNSDirector/PDMR Shareholding
5th Jul 20177:00 amRNSAdditional Listing
4th Jul 20173:33 pmRNSHolding(s) in Company
3rd Jul 20177:00 amRNSAcquisition of The Creative Engagement Group
29th Jun 20175:53 pmRNSHolding(s) in Company
29th Jun 201712:33 pmRNSDisposal by BlueFocus
22nd Jun 20179:00 amRNSNotice of Interim Results
14th Jun 201711:27 amRNSHolding(s) in Company
2nd Jun 201711:07 amRNSScrip Dividend Alternative
25th May 20172:22 pmRNSResults of Annual General Meeting
25th May 20177:00 amRNSTrading Update
9th May 20175:38 pmRNSHolding(s) in Company
9th May 20179:13 amRNSDirector Declaration
5th May 20174:40 pmRNSSecond Price Monitoring Extn
5th May 20174:35 pmRNSPrice Monitoring Extension
28th Apr 20174:47 pmRNSHolding(s) in Company
28th Apr 201710:48 amRNSHolding(s) in Company
27th Apr 20178:59 amRNSDisposal and lock-up arrangement
25th Apr 20179:30 amRNSNotice of AGM
22nd Mar 201710:30 amRNSDirector/PDMR Shareholding
21st Mar 20177:00 amRNSPreliminary results year ended 31 December 2016
16th Feb 20177:00 amRNSTrading update for year ending 31 December 2016
3rd Feb 20173:27 pmRNSHolding(s) in Company
27th Jan 20174:08 pmRNSNotice of Result & Change to Audit Committee Chair
16th Dec 20164:49 pmRNSDirector/PDMR Shareholding
16th Dec 20163:27 pmRNSHolding(s) in Company
16th Dec 20162:18 pmRNSChange of Auditor
14th Dec 20164:00 pmRNSDirector/PDMR Shareholding
13th Dec 201611:15 amRNSDirector/PDMR Shareholding
9th Dec 20165:10 pmRNSDirector/PDMR Shareholding
6th Dec 20164:21 pmRNSChange of Auditor
6th Dec 20168:18 amRNSHolding(s) in Company
2nd Dec 201612:59 pmRNSBlock listing Interim Review
1st Dec 20161:05 pmRNSTotal Voting Rights
10th Nov 20164:17 pmRNSDirector/PDMR Shareholding
9th Nov 20164:10 pmRNSDirector/PDMR Shareholding
3rd Nov 201610:42 amRNSAdditional Listing
6th Oct 20162:45 pmRNSScrip Dividend Alternative
15th Sep 20162:22 pmRNSHolding(s) in Company
12th Sep 20164:17 pmRNSDirector/PDMR Shareholding
4th Aug 20165:45 pmRNSHolding(s) in Company
4th Aug 201611:28 amRNSHolding(s) in Company
3rd Aug 20164:43 pmRNSHolding(s) in Company
3rd Aug 20162:19 pmRNSHolding(s) in Company
3rd Aug 20162:10 pmRNSHolding(s) in Company
2nd Aug 20167:00 amRNSTotal Voting Rights
26th Jul 20166:00 pmRNSDirector/PDMR Shareholding
26th Jul 20167:00 amRNSInterim results for the six months to 30 June 2016

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.