Huntsworth hit as clients leave
Huntsworth, the communications group behind the Citigate and Red PR agencies, grew revenues 1.5 per cent to £176.3m last year. But operating profits took a 20.6 per cent hit, dropping to £23.5m, while profits halved to £10.6m. The loss of several clients’ accounts in the final quarter of 2011 dragged down earnings, the group said.