M&C Saatchi posts revenue growth but UK slows and Japan underperforms

September 27, 2016 9:10

M&C Saatchi has posted a jump in revenue of 15% in the first half of 2016, but the agency group saw its UK numbers slip slightly on the back of client losses in 2015. M&C Saatchi Logo-2015

Reporting on Australia and Australasia, the company saw like-for-like revenues rise by 5% to £22.787m on the back of its win of Woolworths earlier in the year followed by BBQs Galore, Ebay and Menulog. The region posted an operating profit of £2.56m.

While Malaysia and Singapore were noted as regional highlights, poor returns in Japan has seen the region reduce its holdings in M&C in Japan to just 10%.

The US was a highlight region, with like-for-like earnings up 27% and an increase in operating profit of 95% to £3.4m.

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Simon Canning

Simon Canning was Mumbrella's marketing and advertising editor from 2015-2017. In a career spanning journalism and communications over more than 30 years Simon has become one of Australia’s most respected analysts and commentators on the advertising, marketing and media industries. A regular commentator on radio and TV, Simon has also worked in media in the US and UK .

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