Chime Communications PLC, the leading marketing services group, today announces its interim results for the six months ended 30th June 2007 and the acquisition of The Corporate Citizenship Company, a leading corporate responsibility consultancy.
- Operating income up 15.9% to £43.9 million (£37.8 million)
- Organic growth of 9.8%
- Operating profit up 21.8% to £7.3 million (£6.0 million)
- Organic growth of 13.6%
- Margin improvement to 16.7% (15.9%)
- Profit before tax up 20.8% to £6.4 million (£5.3 million)
- Earnings per share up 17.2% to 1.70p (1.45p)
- Net debt of £5.2 million compared to net cash at 31st December 2006 of £2.9 million
- Acquisition and integration of Fast Track completed
- Interim dividend increased by 22.2% to 0.22p per share (0.18p)
(Bracketed figures are for 2006 first half year).
Lord Bell, Chairman of Chime Communications, said:
"A very good performance for the half year with all our divisions growing. We have continued to outperform the market since 2004. A strong new business performance across the Group for the half year and a full new business pipeline makes us confident about the outcome for the year".
For further information please contact:
Lord Bell, Chairman 020 7861 8515 Chime Communications
Christopher Satterthwaite, Chief Executive 020 7861 8515 Chime Communications
Charles Cook/Chris Hamilton 020 7861 3232 Bell Pottinger Corporate & Financial
To download the Preliminary Announcement, click here
