BRIEFINGS: Tempus repositioning key divisions
<p>Tempus, the media and marketing communications group, has unveiled </p><p>a 42 per cent increase in its pre-tax profits for the six months to the </p><p>end of June. The chairman, Chris Ingram, also announced two key </p><p>acquisitions and the launch of a new group structure to improve the </p><p>integration of its portfolio of client services. </p><p><BR><BR> </p><p>Turnover for Tempus rose 45 per cent to £1.02 billion (US$1.43106 billion), revenues were up 68 per cent to £67.9 million </p><p>(US$95.2637 million) and pre-tax profits hit £10.5 million </p><p>(US$14.7315 million). Gross margins rose from 5.7 per cent to 6.6 </p><p>per cent. Tempus' traditional core media business, which accounts for 77 </p><p>per cent of total revenue, saw revenues grow by 29 per cent. </p><p><BR><BR> </p><p>The group is now pulling its four divisions - media communications, </p><p>brand consulting, digital solutions, and corporate and brand identity - </p><p>under a new umbrella structure called Tempus Partners. It aims to offer </p><p>clients an alternative to the lead agency concept traditionally offered </p><p>by advertising agencies. Myra Landsburg, the former global head of Mars </p><p>at BBDO, has been hired to lead the Tempus Partners proposition. </p><p><BR><BR> </p>