City tips agency group Motivcom for growth in 2011

Leading financial analysts are predicting
that
communications and events services
group Motivcom will post record profits for 2010
and that its events driven income
will continue to prosper in 2011. Some city analysts have recommended Motivcom shares as a ‘buy’ and city broker Numis Corporation is currently predicting a
2010 operating profit of £4.1m.

Investment publication, Shares magazine is quite bullish, hinting
that this figure may well be upgraded in the next month.

The Motivcom group, which owns the P&MM,
Zibrant and AYMTM agencies has delivered profits and growth over the last 10
years despite the recession. In September Motivcom reported profits up 54 per cent in the six
months to June 2010
.
  

Divisional Managing Director Nigel Cooper
says: “It’s too early to predict record profits, but I do know that we have seen
exceptional growth in all areas of Zibrant, P&MM and AYMTM in 2010 and have
very full order books for 2011.

“Some observers have asked why Motivcom seem to be the
only real winners over the last few years,” Cooper adds, “It’s down to our
people, we genuinely have the best people and culture in the business and they
keep delivering amazing results.”

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News? Contact: conferencenews@mashmedia.net

Paul Colston

Author

Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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