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Huntsworth Health sees growth in first quarter of 2012
Huntsworth Health has experienced a rise in revenue during the first quarter of 2012, according to parent group Huntsworth's latest interim management statement.
The health-oriented agency achieved a 3.3 percent year-on-year improvement in sales during the quarter, thanks to increased digital activity, which helped the group as a whole to achieve a 3.8 percent revenue rise.
This came during a period in which the company has been faced by uncertain economic conditions, particularly in Europe, leading the Huntsworth management to implement firm cost control measures.
Improvements in operating margins and profitability are therefore expected for the first half of 2012 and the year as a whole.
Lord Chadlington, chief executive of Huntsworth, said: "The Huntsworth group's financial position remains robust and the group is trading in line with management's revenue and profit expectations."
This comes in the same month that Huntsworth announced the appointment of Terry Graunke, co-founder of the private investment management firm Lake Capital Management, as its newest non-executive director.
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