Huntsworth pays cautious price for ScopeMedical
Huntsworth’s initial payment to acquire medical communications agency Scope Medical, announced today, suggests that it has valued the business at about seven times last year’s post-tax profit or five...
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Huntsworth rebounds from the recession
The economy may be struggling to recover from recession, but companies like Huntsworth seem to be well on the road to rude health. This morning the global public relations group reported a near 14%...
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UK’s public marketing agencies see profits rise 52%
It may not feel as if business activity is recovering, but if the results from a recent batch of publicly listed marketing agencies are anything to go by there are distinct signs that the worst is...
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Recession? What recession?
Judging by last week’s news from stock market listed public relations groups Chime Communications and Huntsworth, Britain’s latest recession might have been simply a figment of everyone’s imagination....
View ArticleHave aggregators had their day?
A few years ago it was fashionable for entrepreneurs in the marketing services industry to search out a company – probably already listed on the stock exchange – and transform it into a mini WPP Group...
View ArticleWhat accounting rules and pigs have in common
More often than not, this column has been at pains to point out how companies have perhaps been a little liberal in their interpretation of accounting rules or at least have taken steps to put the best...
View ArticleIs the recession spoiling your breakfast?
A quick skim over last week’s financial headlines in the marketing sector would probably spoil most people’s breakfast: “Dentsu’s profit margins hit by recession: prospects gloomy”,”Chime faces...
View ArticleOmnicom: a lesson for marcoms companies aiming for the stock market
It’s almost irritating to see how Omnicom Group manages to report consistently steady growth in profits. Seemingly unperturbed by being overtaken by WPP in the revenue league, Omnicom continues to...
View ArticleCoping with recession: a tale of two companies
Two contrasting financial results emerged this week. Huntsworth announced much improved profits on static turnover. The Engine Group reported a much increased loss from much increased turnover. On...
View ArticleEconomic gloom, but it’s an ill wind that blows nobody any good
As each week passes, we hear more gloomy outpourings about trading prospects from the major groups in the industry. Huntsworth and Dentsu joined the gloomy chorus last week, countering Maurice Lévy’s...
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