Commentary
M&C Saatchi Reports First Half Revenue Growth of 10%
- by Richard Whitman , Columnist, August 3, 2022
London-based M&C Saatchi reports that net revenue for the first half of the year was up 10% versus a year ago, reflecting “strong performance” in the UK, Americas and Asia.
The agency, which is in the middle of a takeover battle by two suitors—Next Fifteen Communications Group and AdvancedAdvT -- said it remains on target to achieve pre-tax profit of approximately $38 million for the full year.
It also said it expects its momentum to continue into the second half of the year.
A more detailed first half report will be issued in early September, the agency said.
