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