Huntsworth plc Reports Audited Preliminary Consolidated Earnings Results for the Year Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year 2019
March 05, 2019 at 02:00 am EST
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Huntsworth plc reported audited preliminary consolidated earnings results for the year ended December 31, 2018. For the period, the company reported turnover of GBP 352,455,000 compared to GBP 259,797,000 a year ago. Revenue was GBP 224,956,000 compared to GBP 196,976,000 a year ago. Operating profit was GBP 31,363,000 compared to GBP 24,906,000 a year ago. Profit for the year was GBP 21,721,000 compared to GBP 15,665,000 a year ago. Diluted earnings per share were 6.1 pence against 4.7 pence a year ago. Basic earnings per share were 6.4 pence against 4.8 pence a year ago.
For the fiscal year 2019, the group expects that net profit before tax in 2019 will decrease by approximately GBP 0.8 million for 2019 as a result of adopting the new standard. The company expects to be well positioned for future growth and look forward to reporting further progress in 2019.
Huntsworth Limited is a United Kingdom-based intermediate holding company. The Company is engaged in healthcare and communication activities. The Company, through its subsidiaries, is focused on health that provides marketing and medical communications services to healthcare clients, which are primarily large and mid-size pharmaceuticals and biotechnology companies. It also provides a range of communications and advisory services, including strategic communications, public affairs, investor relations and consumer marketing. The Companyâs financial instruments comprise bank loans, bank overdrafts, loan notes, and cash and short-term deposits. The Companyâs geographical areas include the United Kingdom, Europe, the United States and the rest of the world. The Companyâs subsidiaries operate in approximately 28 in the United Kingdom and Europe.
Huntsworth plc Reports Audited Preliminary Consolidated Earnings Results for the Year Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year 2019
HUNTSWORTH PLC 
