Creston PLC Interim Management Statement (7902N)
31 7월 2014 - 3:00PM
UK Regulatory
TIDMCRE
RNS Number : 7902N
Creston PLC
31 July 2014
31 July 2014
Creston plc
Interim Management Statement
Creston plc ('Creston' or the 'Group') (LSE: CRE), the
international marketing communications group, today announces its
interim management statement for the period 1 April 2014 to
date.
In the three months to 30 June 2014 ('the Period'), there was an
increase of 3 per cent in Group revenue compared to the prior year
period, and like-for-like(1) revenue grew by 2 per cent. This has
been driven primarily by the impact of prior year client wins and
the growth of our international work for existing clients.
Our new business performance in the first quarter of this
financial year has been good with activity in line with the same
prior year period and has added a breadth of new clients and
digital assignments to the Group. Major wins during the Period
include Activision, to handle its pan-European social media
content; the growth of our events programme for Bentley from UK to
pan-Europe; a new HIV prevention client at CDC; an internal
referral win from Danone; McCain, to handle the digital work across
all of its UK brands; the Right to Buy digital contract through the
Crown Commercial Service; Sony Mobile, to manage global email
production; and our first global digital win for a Unilever
brand.
Both our recent acquisitions, healthcare PR agency Liberation
and neuroscience specialist, Walnut Group, whilst not material, are
performing well. Liberation was named Small Consultancy of the Year
at the recent Communiqué awards for the Healthcare industry, while
Walnut Group has further strengthened our Insight offering which is
being increasingly leveraged across the Group as a point of
differentiation to create new client opportunities.
The Group is on track with its previously announced plans to
reposition Creston as an agency group under the unifying Unlimited
brand in the second half of FY15; and effective from 1 July 2014
Kathryn Herrick joined the Board and Group as Chief Financial
Officer.
While it is still early in the financial year, the Board
confirms that current trading is in line with its expectations for
the full year.
-ends-
For further information please contact:
Creston plc +44 (0)20 7930 9757
Barrie Brien, Group Chief Executive
Kathryn Herrick, Chief Financial
Officer
Bell Pottinger +44 (0)20 7861 2840
Elly Williamson / Malika Shermatova
___________________ (1) Like-for-like excludes the results from
any acquisitions made during the current year, it compares current
year performance to the prior year, adjusting the current year to
only include the results of prior year acquisitions for the
commensurate period of ownership.
About Creston plc
Creston plc (LSE: CRE) is an international marketing
communications group that leverages the strength of its agencies'
collective expertise and knowledge across insight, technology and
creativity to drive transformational growth for its clients through
thinking and ideas that connect brands to customers. The Group
delivers a range of marketing services, including advertising, CRM,
digital and direct marketing, health communications, local
marketing, market research, PR and social media marketing to a
broad spectrum of blue-chip global clients. www.creston.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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