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Chime Reports Successful Year for Insight Arm

March 6 2013

Revenue at Chime's Insight and Engagement division rose more than 50% to £13.6m in 2012. Operating income was up 53% to £7.6m and operating profit more than tripled to £2.2m from £0.7m.

Sounds good: a great year for Chime's CIE unitThe Insight and Engagement division is made up of Opinion Leader Research, Facts International and Watermelon Research. Chime described 2012 as an 'extremely successful year' for the division, with strong organic growth and margin levels 'well above the industry norm' - 28.8% against 13.7% in 2011.

In addition, Chime said its digital agency Watermelon is already profitable after just one year in business.

Parent group Chime Communications also reported 'strong growth' in its Sports and Entertainment and Healthcare divisions.

Web sites: www.chime.plc.uk and www.cie.uk.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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