NEWS1 September 2010

Half-year turnover up 6% at Discovery Group

Financials UK

UK— Turnover at Discovery Group was up 6.5% to £1.46m in the first six months of 2010, while profits shot up 28% year-on-year to £175,000.

The group, which includes full service agency Discovery Research, Spectrum Viewing Facilities and online qual tool The Thinking Shed, added 11 new clients to its roster during the period, including Virgin Media, TalkTalk and MTV.

MD Trish Parker (pictured) said: “2009 was a phenomenal year for Discovery so we take huge pleasure in reporting another rise in both revenues and profits for the first six months of this year.”

Turnover in 2009 was £2.83m, up 10%, while profits increased 40% to £228,000.