£59.68m
0.000p
99.00p
Date: Thursday 22 Mar 2007
LONDON (ShareCast) - Advertising agency M&C Saatchi saw underlying profit increase by 4.2% in 2006, it said Thursday, despite the loss of the British Airways account.
Profit before tax, excluding amortization, grew to £7.8m for the 12 months ended 31 December from £7.5m a year ago on revenue up 11.6% to £75.9m.
The company said the investment phase of its European expansion, amounting to £1.3m in 2006, is now complete and the group expects the region will move into profit in 2007.
But conditions are “fairly tough” in the UK and Australia, while Asia Pacific and New York have significant room for improvement.
“Overall the outlook for 2007 remains in line with current expectations,” said chief executive David Kershaw.
| Currency | UK Pounds |
| Share Price | 99.00p |
| Closing Price Change | 0.000p |
| 52 Week High | 165.00p |
| 52 Week Low | 97.50p |
| Volume | 0 |
| Shares Issued | 60.28m |
| Market Cap | £59.68m |
| Beta | 0.04 |
| RiskGrade | 51 |
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| Strong Buy | 1 |
| Buy | 0 |
| Neutral | 1 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 2 |

| Latest | Previous | |
|---|---|---|
| Final | Interim | |
| Ex-Div | 04-Jun-08 | 03-Oct-07 |
| Paid | 07-Jul-08 | 24-Oct-07 |
| Amount | 2.75p | 0.87p |
| Chair | Jeremy T Sinclair |
| CEO | David A Kershaw |
| Finance Director | Jeremy C Wales |