Lord Chadlington: trading still tough in UK and Europe

Lord Chadlington, Huntsworth's chief executive, has said the group made a good start to 2013 despite the 'difficult' trading environment in the UK and Europe.

Lord Chadlington: 'Difficult trading environment in the UK and Europe'
Lord Chadlington: 'Difficult trading environment in the UK and Europe'

In an interim management statement released this morning, Chadlington said he expected full-year trading to remain in line with management expectations.

He said: ‘Our new relationship with Blue Focus, one of Asia's largest PR firms which is acquiring a 19.8 per cent stake in Huntsworth, is progressing well and at an operational level our businesses are beginning to work together well. 

‘This, together with our revenue growth investment plan and further good progress in our digital businesses, gives us confidence in the further development of the group.’

The statement said that Citigate is seeing more transactional revenues than in previous months, having advised on the successful IPO of esure and currently advising on the potential IPO of Partnership. 

Grayling is continuing with its digital and revenue growth investment plan and has extend the scope of work for some key clients, such as M&S and Hilton, into new areas and markets.

Red is making ‘steady progress’, having won Ford Retail & Air France KLM, while Huntsworth Health ‘continues to perform well’.

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

Labour hires Obama election strategist David Axelrod to fight General Election

Labour hires Obama election strategist David Axelrod to fight General Election

The man who helped Barack Obama win the 2008 and 2012 US presidential elections is to work for Labour along with members of his team.

Sky adds Fever PR to its roster after splitting with Cake

Sky adds Fever PR to its roster after splitting with Cake

Pay-TV giant Sky has added Fever PR to its agency line-up for a wide-ranging brief covering products and services.

Max Clifford trial jury to continue deliberations after Easter break

Max Clifford trial jury to continue deliberations after Easter break

The jury in the trial of celebrity publicist Max Clifford has been sent home for Easter and will reconvene on Tuesday for further deliberations about its verdicts on 11 charges of indecent assault.

Home Office brings in Munro & Forster to campaign against FGM

Home Office brings in Munro & Forster to campaign against FGM

The Home Office has tasked Munro & Forster (M&F) with supporting its campaign to eradicate female genital mutilation (FGM) as part of a wider retained brief.