Print Published 15th Nov 2012, 08:02

Huntsworth joins the gloomy forecasters

Huntsworth, the publicly listed international public relations group, has added its voice to the chorus of gloomy revenue predictions currently emanating from the marketing sector, saying like-for-like revenue declined by 3.6% in the third quarter and year-end profits are expected to be at “the lower end of expectations”.

Last year Huntsworth’s post-tax profit was almost halved, falling to £9.7 million from £17.5 million in 2010 (see Huntsworth profit almost halved).  However, Huntsworth still expects the current year’s profit to be “significantly ahead” of the £9.7 million achieved last year