Record half-year figures for Chime Communications

Chime Communications has bucked the trend of slumping corporate

revenues and profits, posting a set of record half-year figures.

The company unveiled its six-month accounts on Tuesday, with income up

37 per cent to £50.9m and pre-tax profit up 31 per cent to £8.4m.

Most astonishingly, the firm's groupwide profit margin crept up

fractionally to almost 18 per cent.

'We have continued our growth rate for the first half of 2001,' chairman

and CEO Lord Bell said.

'People have talked about a slowdown in PR but we have not experienced


'Sure, the growth rate will get slower for the second half of the year

because times are harder, but that just means we have to be more

competitive,' he added.

In a statement, the company said: 'Overall our PR businesses have

experienced some client expenditure delays but their performance has

been more than satisfactory.'

The PR businesses - Bell Pottinger Communications and the Good Relations

group, which includes QBO - saw operating profit climb by 42 per cent.

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