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Date: Thursday 21 Aug 2008

LONDON (ShareCast) - Public relations and healthcare communications group Huntsworth saw half-year profits increase 21.9% and said it was on course to meet full year expectations.

“Strong trading has continued into July and August giving us confidence that we will meet full year management expectations,” said the group.

Pre-tax profits for the six months to June 2008 rose 21.9% to £12.2m on total revenue that increased 14% to £80.5m.

The group said it now has 89% of revenues committed for the current year with the majority of its revenues on three months' notice or longer. Furthermore, committed revenues for 2009 already stand at 63%.

“Given the continued economic uncertainty we have considerable scope to maintain margins through 12% of flexible costs and the active management of other variable costs,” said the group.

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