Unrest in the Middle East has had a negative impact on Chime Communications’ PR operations according to the group’s half-year report.
Although the UK-based group has reported an overall 10 per cent income boost for the first half of 2011, Chime, which owns Bell Pottinger, Good Relations and Harvard, saw PR revenues fall by 5 per cent. Operating profit for the group as a whole rose by 13 per cent to $23.8 million from $21 million in the first half of 2010.
The company said that PR was “affected by the slow down in geopolitical work as a result of the turmoil in the Middle East, a reduction in government communication work and the impact of severe debt problems in many countries”.
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