Corporate Innovations records 15% hike in pre-tax profits

Work with Camelot, Adobe and Three mobile helped Corporate Innovations achieve growth in 2011.

The Oxfordshire-based agency has seen turnover rise to £4,947,000 to the end of December 2011 from £4,856,000 to the end of December 2010.

Its pre-tax profit is up almost 15%, to £349,000 from £305,000.

The figures have been recorded in its unaudited annual accounts filed at Companies House.

Corporate Innovations managing director David Watt said that growth was down to focusing on account management, ensuring that clients were getting "added value".

"Existing clients valued the additional account management we put in, and therefore recognised that and gave us more opportunities," explained Watt.

He added the agency has seen consistent growth over the past four years, which is expected to be a "continuing trend".

"We have also invested a lot in our digital capability," said Watt.

The 30-strong agency is expected to grow to a team of up to 45 by the end of 2013, he added.

See Corporate Innovations work with Camelot for the London 2012 Olympic Games here.

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