S4 Capital reports continued growth, eyes further expansion following AGM

June 8, 2021 10:30

Sir Martin Sorrell’s S4 Capital continues to accelerate its financial performance with 2021 already delivering the digital advertising and marketing services company strong results, according to the company’s Annual General Meeting reports.

Trading for the first four months of 2021 has accelerated strongly, with reportable revenue up almost 90%, compared to 71% for Q1. Reportable gross profit or net revenue was up almost 84%, compared to 71% for Q1.

“Both revenue and gross profit or net revenue like-for-like growth rates accelerated markedly in April. We do not have our May figures as yet, but early indications are that May will be similar to April and that in June, the pipeline continues to be robust,” the report stated.

“2020 was a very busy third year for S4 Capital, both organically and through mergers and the tempo has been maintained, as growth rates have accelerated in the first quarter and into Q2 2021,” said executive chairman Sorrell.

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Olivia Kruimel

Olivia Kruimel was the managing editor at Mumbrella. She has more than 15 years of experience in journalism, communications and marketing. Her journalism career began at Fairfax Media (now part of Nine) and includes various B2B publications such as B&T, Travel Today and ALB. As a marketer Olivia has worked for Standard Chartered and various global law firms.