FTI Consulting's strategic comms arm reports 2.2% Q4 revenue rise

The strategic communications business of FTI Consulting saw a 2.2% increase in fourth quarter revenues, but saw full year revenues decrease by 6.5%.

FTI: resigned from mining group BSGR's account in November
FTI: resigned from mining group BSGR's account in November

The division's fourth quarter revenues rose to US$50.3m from $49.2m for the final quarter of 2011.

The firm said that growth areas included ‘matters involving shareholder activism and the beginnings of capital markets activity'.

FTI was fifth in the 2012 global Mergermarket league tables for deal value and joint first with Brunswick in terms of deal volume, working on 217 transactions.

FTI added: ‘The segment’s expertise has proved a catalyst for our industry initiatives in energy, life sciences and government affairs.’

However, the division reported full year revenues of $187.8m, a fall of 6.5% from the 2011 figure of $200.9m.

Margins remained the same in 2012 as in the previous year at 13.3%, but rose substantially in the fourth quarter of 2012 to 17.4%.

Fee-generating headcount rose from 582 to 593 year-on-year.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Latest Articles

Three more agencies sign up to PR Internships For All campaign

Three more agencies sign up to PR Internships For All campaign

Brunswick, Cohn & Wolfe and MSLGroup have joined the PRWeek/PRCA initiative to boost diversity in the PR industry, which has also attracted support from Leeds Metropolitan University's Business School.

Seeing red: giving PR teams a real business objective

Seeing red: giving PR teams a real business objective

Speed Communications director John Brown talks client behaviours he can't stand.

Growing number of clients plan PR budget increases

Growing number of clients plan PR budget increases

The number of marketers planning to increase their PR budgets during 2014 has climbed, according to the latest quarterly Bellwether survey by the Institute of Practitioners in Advertising.

Max Clifford trial jury to continue deliberations tomorrow

Max Clifford trial jury to continue deliberations tomorrow

The jury in the trial of celebrity publicist Max Clifford has been sent home after a second day of deliberations about its verdicts on 11 charges of indecent assault.