Huntsworth chief executive Lord Chadlington said 2008 looked like it would be strong for PR.
‘Independent MORI research predicts that more than half of UK businesses with a PR budget will maintain their PR spend,' said Chadlington.
Hunstworth, which owns Citigate Dewe Rogerson, Huntsworth Health and The Red Consultancy, saw profit before tax rise to £21.9m, up from £17.7m last year .
The group said in won £50m worth of new business in 2007, 40 per cent which was from existing clients.
Richard Sharp joins Huntsworth as non-executive chairman with effect from the company's annual general meeting in May. Sharp is a former partner at investment bank Goldman Sachs and succeeds Jon Foulds who is retiring.