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CoActive Marketing on track for jump in earnings

At its annual shareholders meeting Friday, sales promotion firm CoActive Marketing Group Inc. (Nasdaq: CMKG) said that it's on track to meet earnings estimates for fiscal 2004.

CEO John P. Benfield said the firm expects sales and earnings to increase during fiscal 2004 in line with its

previously issued guidance of between 25 percent and 30 percent.

The firm earned $1.94 million on $60 million in revenues during its last fiscal year.

Benfield said cross-selling and growing revenues from companies targeting Hispanic consumers are boosting business.

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