Integrated events solution group, The Concerto Group, has announced sales growth of 17 per cent to £31m and an increase in profit of 18 per cent to £8.4m.
“We had a great to start to 2012 and, despite the competitive market place, we expect to post a profit for the year,” says Chairman Mike Kershaw. “We have increased sales by 19 per cent and gross profit by 12 per cent in the first eight months of this financial year.
“To grow sales by 17 per cent against the economic backdrop, while investing behind our team in readiness for the London Olympics in 2012, is a really creditable performance,” he adds.
In a bid to further drive growth, Concerto has appointed a new CEO, Teresa-Anne Dunleavy.
Dunleavy joins Concerto following five years with PR Group, Bell Pottinger, where she held the position of CEO of full service agency Good Relations. Dunleavy was responsible for leading pitches with wins of major global brands such as BlackBerry, Nintendo, and Subway.
Dunleavy takes over from interim CEO Andrew Duncan, Chief Executive and Founder of Newmarket Partners, a London-based advisory and investment business.
“This is an exciting time for Concerto. When we started this process we were committed to bringing in the best talent we could find to drive the business forward. Teresa-Anne brings a wealth of experience in driving business growth through change,” says Kershaw.
Concerto is a £30m business with seven offices and 120 full-time staff.
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