Abbott Mead Vickers has announced results for the year ending December 31. Pre-tax profits were up 0.6% to £4.75m, compared to £4.72m for 1992. The figure, which disappointed analysts, was held back by investment in the group’s design subsidiary, McBain Noel-Johnson, where profits fell from £2.1m to £1m.
Abbott Mead Vickers had a record year for new business wins, totalling £70m. Peter Mead, chief executive, said there were “real signs of growth” in client spending. “I don’t see any requirement to be gloomy any more”.
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