Milton Keynes Group, Motivcom, - achieves record profits in spite of the recession

46% increase in profit before tax for the year ending 31st December 2009


Linford Wood, Milton Keynes: Motivcom, the leading UK business services group offering marketing communications, events and incentive expertise to major blue-chip corporate clients, today (31 March 2010), announced a 46% increase in profit before tax for the year ending 31st December 2009.

Despite a very difficult year in most markets, Motivcom has, by professional management across the business, achieved record levels of operating and pre-tax profit.

The figures are

• Profit before tax increased by 46% to £3,064,000
• Profit before tax and amortisation increased by 22% to £3,503,000
• Operating profit before amortisation increased by 15% to £3,830,000

Nigel Cooper, Divisional Managing Director of Motivcom commented; “ Despite the recession we have been able to achieve record profits. Although our gross profit is reduced slightly, this is in line with what we expected, and despite this, the business has performed particularly well through tight management controls and a cost awareness programme that we introduced at the start of the year. This performance is a credit to the efforts of people at all levels in the business who have taken on board the changing economic climate and have pulled together to achieve an excellent result.

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