Sir Tim Bell’s corporate PR and public affairs companies suffered a
drop in business around the time of the general election in May last
year, according to annual results released this week by their parent
company Chime Communications.
Profit margin levels and revenue per employee in Bell Pottinger
Consultants and Bell Pottinger Public Affairs were affected by the drop
As a consequence, margins at the group are slightly down, from 13.5 per
cent in 1996 to 13 per cent in 1997.
Bell said: ’If you go back and look at other general elections this is a
trend. Corporate activity falls off because companies like to know what
field they are operating in.’
Following the acquisition last autumn of advertising company HHCL, Chime
Communications boosted its income for 1997 by over 25 per cent to pounds
28.3 million. Chime expects its margins to increase in 1998 due to
HHCL’s higher margin.