Creston on course for full year

Date: Wednesday 03 Feb 2010

Marketing firm Creston said expectations for the full year remain unchanged and it is currently trading in line with management's expectations.

Revenue fell 4% in the nine months ended 31 December 2009, but it said the new year had started well, helped by new business wins.

Headline operating profit margin remained at a similar level to the 17% reported in the first half. Meanwhile third quarter like for like sales were unchanged from last year but improved from the second quarter.

"There are an encouraging number of new business opportunities, "Creston said.

It added, "We are encouraged by these positive signs, the economic climate remains challenging and we remain cautious in our planning."

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