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
12th May 20152:18 pmRNSDirector/PDMR Shareholding
5th May 201510:08 amRNSHolding(s) in Company
30th Apr 20154:26 pmRNSAnnual Financial Report
28th Apr 20153:57 pmRNSDirector/PDMR Shareholding
21st Apr 20153:10 pmRNSDirector/PDMR Shareholding
20th Apr 20151:07 pmRNSDirector/PDMR Shareholding
10th Apr 20157:00 amRNSAudited Preliminary Results
10th Mar 20154:02 pmRNSHuntsworth plc - Notice of Preliminary Results
12th Feb 201511:03 amRNSChief Executive Update
2nd Feb 20152:07 pmRNSTotal Voting Rights
16th Jan 20154:40 pmRNSSecond Price Monitoring Extn
16th Jan 20154:35 pmRNSPrice Monitoring Extension
22nd Dec 20142:54 pmRNSDirector/PDMR Shareholding
22nd Dec 201411:21 amRNSAppointment of new Chief Executive
19th Dec 20144:21 pmRNSDirector Declaration
19th Dec 201411:25 amRNSDirectorate Change
15th Dec 20144:35 pmRNSPrice Monitoring Extension
9th Dec 201410:06 amRNSHolding(s) in Company
5th Dec 20144:40 pmRNSSecond Price Monitoring Extn
5th Dec 20144:35 pmRNSPrice Monitoring Extension
1st Dec 201412:03 pmRNSBlocklisting Interim Review
20th Nov 20144:21 pmRNSDirectorate Change
3rd Nov 20149:31 amRNSTotal Voting Rights
28th Oct 20149:30 amRNSAdditional Listing
8th Oct 201410:09 amRNSDividend Declaration
7th Oct 20143:15 pmRNSDirectorate Change
1st Sep 20149:32 amRNSTotal Voting Rights
11th Aug 20144:56 pmRNSDirector/PDMR Shareholding - Replacement
11th Aug 20142:05 pmRNSDirector Declaration
11th Aug 20141:08 pmRNSDirector/PDMR Shareholding
11th Aug 20147:00 amRNSInterim results for the six months to 30 June 2014
6th Aug 20148:51 amRNSNotice of Results
1st Aug 201410:18 amRNSTotal Voting Rights
31st Jul 20143:08 pmRNSHolding(s) in Company
14th Jul 201410:10 amRNSDirector Update
14th Jul 20147:00 amRNSHuntsworth Trading Update
7th Jul 20149:36 amRNSHolding(s) in Company
3rd Jul 201412:34 pmRNSAdditional Listing
26th Jun 20149:16 amRNSNotification of Board Changes
25th Jun 20143:32 pmRNSHolding(s) in Company
24th Jun 201411:33 amRNSResult of AGM
4th Jun 20142:38 pmRNSScript Dividend Alternative
3rd Jun 201412:13 pmRNSBlocklisting Interim Review
27th May 20149:37 amRNSNotice of AGM
16th May 20142:59 pmRNSInterim Management Statement
2nd May 20141:51 pmRNSDirector/PDMR Shareholding
30th Apr 20143:31 pmRNSAnnual Financial Report
29th Apr 20147:00 amRNSAudited Preliminary Results 2013
28th Apr 20147:00 amRNSNotification of Board Changes
25th Apr 201410:51 amRNSNotice of Results

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.