M&C Saatchi H1 results reveal dipped Australian revenues and an ongoing battle to remain independent

September 12, 2022 10:36

Back in June, the board of M&C Saatchi withdrew its support for a $381 million takeover from Next Fifteen after the company’s share price tanked 28%. Half year earnings today released by M&C Saatchi reveal a lift in revenue, but sinking statutory profits.

M&C Saatchi saw net revenue growth lift by 9.6% to £129.4 million (AU$219.31 million).

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Seja Al Zaidi

Seja Al Zaidi was Mumbrella’s finance reporter, spearheading the publication’s coverage on the financials of advertising, marketing and media sectors.

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