Essentially and Fast Track post record growth as owner Chime bouyant

Chime Communications, which owns Fast Track, Essentially Group and Pmplegacy, has posted interim figures 40% up on 2009.

Essentially and Fast Track post record growth as owner Chime bouyant
Essentially and Fast Track post record growth as owner Chime bouyant

The Group heralded the integration of Essentially and suggested a large proportion revenue in the future was likely to come from work associated with sporting events, such as London 2012.

Fast Track and Essentially’s profits were up more than 100% on 2009 figures, reaching £14.9m for the first half of 2010.

"Essentially performed ahead of expectations," said Chime’s statement.

Operating income for the entire Group, which has large advertising and PR revenue streams, was £71.1m in the first six months of the year up 22% from £58.4m over the same period in 2009.

Chime’s interim statement was accompanied by a document detailing its plan to reap the benefits of Britain’s decade of sport. The acquisitions of Essentially, and more recently Pmplegacy will go some way to aiding this.

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