Incepta look ahead to recession

Tuesday 13 October 1998 23:02 BST

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Incepta look ahead to recession

DAVID WRIGHT, chief executive of Incepta Group , yesterday predicted "more difficult" times ahead for the marketing and communications company as recession bites around the world. The company announced first half pre-tax profits to June up by 20 per cent to pounds 3.05m from pounds 2.55m last time on turnover of pounds 50.4m, up from pounds 43.1m. Fully diluted earnings per share were 0.95p compared with 0.81p a year earlier. Mr Wright said current trading remains "fairly good" and no widescale job cuts are planned.The media group is in the process of acquiring Dewe Rogerson, the City PR company, and merging it with its existing PR operation Citigate.

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