Huntsworth is cautious, but confident, in interim
News in Brief
LONDON: Huntsworth, the PR and healthcare communications company, secured 96% of its 2008 full-year revenues, as of October 31, 2008, according to an interim management statement released today. Looking to 2009, the company has 70% of its 2009 full-year revenues committed, which is in-line with previous years. The company said diversifying its PR businesses has helped limit the effects of the economic downturn, and it expects to meet its annual post central cost margin target of 16.5%. Huntsworth also plans to reduce net debt to under $60 million (£40 million) by the end of 2008. New consumer PR clients in the second half of 2008 include Lego, American Express, Dulux paints, Skype, and Cadbury Trebor Bassett.
LONDON: Huntsworth, the PR and healthcare communications company, secured 96% of its 2008 full-year revenues, as of October 31, 2008, according to an interim management statement released today. Looking to 2009, the company has 70% of its 2009 full-year revenues committed, which is in-line with previous years.
The company said diversifying its PR businesses has helped limit the effects of the economic downturn, and it expects to meet its annual post central cost margin target of 16.5%. Huntsworth also plans to reduce net debt to under $60 million (£40 million) by the end of 2008. New consumer PR clients in the second half of 2008 include Lego, American Express, Dulux paints, Skype, and Cadbury Trebor Bassett.