Huntsworth sees strong start to 2009

Huntsworth said it had made ‘a strong start to 2009' in an interim management statement released today.

Lord Chadlington: Hunstworth CEO
Lord Chadlington: Hunstworth CEO

The statement said: ‘The geographic spread of our business and the broad scope of our public relations and healthcare practices are providing stability in these challenging economic times.'

It pointed to the good organic growth seen in some of its public relations businesses, including double digit growth in public affairs. It also noted that its financial PR businesses have traded extremely well in the downturn.

Huntsworth said that 83 per cent of 2009 forecast annual revenues was already committed and that operating margins had held up well during the period and are improving.

Lord Chadlington, CEO of Huntsworth, commented: ‘This has been a very promising start to a year which underlines the robust nature and balance of the Group and our ability to trade well even in exceptionally challenging markets. We believe we are well placed to meet management's expectations for the first half and our committed new business and strong pipeline give us confidence in the outlook for the full year.'

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