Around the Net
M&C Saatchi Pre-Tax Profits Down 8.4%
- Campaign, Thursday, March 16, 2017 8:03 AM
M&C Saatchi's pre-tax profits fell 8.4% year on year to GBP6.5m in the year to 31 December 2016 in the UK. In the company’s financial results published this morning, the UK business continued to be hit by "restructuring costs" of GBP1.6m in the ad agency last year. Operating profit also dropped 12% to GBP5.5m because of this.
