STOP PRESS: Lopex profits leap up over 1997

Formerly beleaguered communications and marketing group Lopex, the parent company of Grayling and Westminster Strategy, has reported a 22 per cent increase in profits on 1996. Profit before tax was pounds 4 million, while the turnover was pounds 117 million, up six per cent on 1996. The Grayling Group, which includes Westminster Strategy, reported a 65 per cent increase in profits on 1996. the Grayling Group profits are believed to total pounds 1 million for 1997. Last year a takeover bid for Lopex by Incepta Group, which owns Citigate Communications, was rejected.

Formerly beleaguered communications and marketing group Lopex, the

parent company of Grayling and Westminster Strategy, has reported a 22

per cent increase in profits on 1996. Profit before tax was pounds 4

million, while the turnover was pounds 117 million, up six per cent on

1996. The Grayling Group, which includes Westminster Strategy, reported

a 65 per cent increase in profits on 1996. the Grayling Group profits

are believed to total pounds 1 million for 1997. Last year a takeover

bid for Lopex by Incepta Group, which owns Citigate Communications, was

rejected.



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