Next Fifteen Communications Group reported Nov. 5 a five percent increase in revenue to £96.1M (about $155M) for the year ended July 31 on strong performances from Text 100, OutCast, M Booth and Blueshirt Group.

Financial issues at its Bite PR unit – the holding company issued a profit warning last week -- cut into profitability as accounting problems in two of the firm's 12 offices were ironed out. Profit fell from £4.3M in 2012 to £721K for the year, dropping 65% on a pre-tax basis.

Chairman Richard Eyre said the company's re-tooling for the digital landscape has paid off as work for clients like IBM, Google, American Express and Facebook expanded beyond its media relations scope.

While this has been a tough year, it remains a year of progress in many ways," he said, noting recent business additions from Sainsbury's and HBO.

NF's core U.S. businesses generated 10% organic growth for the year topping £52M. The holding company took a $2.8M charge in 2002 after discovering an embezzlement scheme at Bite.