Huntsworth Reports Revenue Growth But Expects Shortfalls
Huntsworth reported a seven percent increase in like-for-like revenue for the period starting June 30, 2011. However, due to year-end cancellations totaling a whopping £4 million (about $6.32 million according to today’s conversion rate), the company says it will not meet profit expectations.
On the positive side, the company’s individual firms reported gains over the past few months. Citigate revenue is up 15.5 percent, Red is up 15.6 percent, and Grayling is up 5.2 percent. The company said that it won “seven-figure” international accounts.
But,
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