Chime signals strong full year revenues
Chime Communications, owner of Vallance Carruthers Coleman Priest, SFW and Bell Pottinger, says that it expects full year revenue to be ahead of 2008.
Chime reported the best pre-tax profits in its history for its first half of year, up 4% to £8.5 million, in August
Chime chairman Lord Bell says: “We have continued to trade strongly in the second half of 2009 and we expect full year revenue to be head of 2008.
“We have completed the acquisition of Essentially into our sports marketing group and announced but not yet completed the merger of Pelham and our Bell Pottinger financial public relations company.
He added: “We appear to have out performed our competitors in the sector both small and large. We have controlled out cost base well and look forward to further growth in 2010 as the market recovers.”
At time of writing Chime shares had risen 4.1% in morning trading.
