PA Group Annual Report 2007
continued growth resulting in record the sub-continent. We are developing to thank, on behalf of myself and the
revenue and profitability in 2007 and an India Wire made up of content entire company, Sir Harry Roche for his
undertook several strategic initiatives to produced around the group which outstanding leadership and enthusiasm
increase efficiency, improve customer covers South Asian communities and during 20 years as both Chairman and
service and focus on competitive culture in Britain. The service, including a director. We have been very blessed
advantage. showbiz, sport, business and cultural to have his knowledge and guidance
The national sales team has been news, will be available to media during such a significant period for the
restructured, resulting in more effective businesses across the region where group. It has been a great privilege to
management of strategic accounts, the demand for UK-led information work with Sir Harry and I thank him and
existing clients and prospects. continues to grow. Lady Roche for their support and wish
We launched Access CNW, a We will continue to pursue other them well in the future.
revolutionary, web-based client portal, global interest in the multicultural
which provides customers with more British Isles as well as gather content
control, greater flexibility, and speed from around the world with specific
improvements. All indications point to UK appeal.
significant uptake by our clients and
feedback has been extremely positive. CONCLUSION
In 2007 CNW Group distributed The upheaval in global markets will
more releases with fewer people, while inevitably mean another tough year
improving both turnaround time and as we drive our ambitious agenda
accuracy. Both measures improved by of change.
23% and 26% respectively. The well-documented issues facing
CNW Group’s non-wire revenue has our traditional newspaper customers
steadily increased year-on-year and will continue to have an impact on our
in 2007 non-wire revenue continued performance and keep us focused on
to contribute significantly to the being flexible and innovative. There is
bottom line. still much to be done but the signs are
In response to the changing needs encouraging that we are on track to
of the Canadian marketplace, in 2008 become an information business for
CNW Group will focus on increasing the 21st century. I am optimistic that
its global presence and continue its in 2008 we will complete the journey
strategy of product diversification from a relatively narrow domestic news
and continued development of new agency to a fully-integrated multi-
technologies. skilled, multimedia group operating
in 18 countries from North America
INTERNATIONAL ACTIVITIES to Australia.
From CNW Group and MeteoGroup Throughout the year the support of
to the non-UK activities of other all our remarkable staff has been vital
divisions, the group’s international and the response to our agenda of
business has continued to go from change from colleagues has been top
strength to strength. class – demonstrating great ambition,
Our international activities combine commitment and a can do culture. I
production, editorial and commercial cannot praise or thank them enough.
operations. For example, opening our My gratitude also goes to the board
Indian production centres has led to for their unwavering support and
opportunities for selling services into commitment. In particular I would like
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