Huntsworth reports net business wins

LONDON: Huntsworth reported that net new business wins increased 33% in the first quarter of 2010, compared to the like period a year ago.

LONDON: Huntsworth reported that net new business wins increased 33% in the first quarter of 2010, compared to the like period a year ago.

The holding company said in the interim management statement that it expected revenue growth by the summer. PR revenues fell 6% in 2009, while Huntsworth's overall revenues dropped less than 2%.

In mid-2009, Huntsworth reorganized its business units into four brands: Huntsworth Health, Red, Citigate, and Grayling. The company also acquired a number of agencies in the last year, including Connecting Point Communications, Tonic Life Communications, Sund, and Dutko Worldwide.

Wins cited in the statement include the Portuguese Cork Association, a global communications account with a several-figure budget.

Peter Chadlington, CEO of Huntsworth, said in the statement that he expected the company to double its “historic organic growth record during 2011.”

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