Cello sees return of like-for-like income growth in research business

UK— Cello Group’s research and consulting business has returned to like-for-like income growth in the first half of 2010, according to a trading update.

Figures were not disclosed, but the company said the division had traded “strongly” with “continued robustness in core client activity level, most notably in pharmaceutical and health related sectors, as well as growing international revenues”.

Cello’s research and consulting companies include Insight Research Group, Leapfrog, The Value Engineers and RS Consulting.

Its Tangible response communications business saw a slight like-for-like decline in operating income during the first half but this was expected, Cello said, and was largely due to certain public sector clients not repeating their communications programmes.

The otherwise positive trading update follows the “solid recovery” in profitability reported in the first quarter after a “demanding” 2009, when research revenue fell 8% from to £59.8m and the group as a whole made a loss of £5.8m.

In other news today, Cello CEO Mark Scott (pictured) announced that Value Engineers chairman Paul Walton had been appointed to the group’s board of directors.

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts