Profits on the increase for BV Group

Brand communications consultancy BV Group has announced a 74 per cent increase in pre-tax profits in its maiden interim results, following its flotation on the Alternative Investment Market in August (DW 25 August).

The results are due to long-standing clients such as Gartmore increasing their activities, and to additional revenue from an enlarged client portfolio which includes Oxford Glycosciences, JO Hambro, Betabet.com and Printmountain.com.

In the first six months of 2000, pre-tax profits rose by £188 000 to £441 000, and turnover increased 22 per cent to £2.61m from £2.14m for the same period.

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