S4 Capital revenue crosses £1bn for the first time; Sorrell ‘cautiously optimistic’ despite ‘slowdown’

Sir Martin Sorrell’s S4 Capital has posted its earnings for the full year ended December 2022. In line with the estimate in its fourth-quarter trading update, the group posted a 26% net revenue like-for-like growth.

The net revenue was £891 million (A$1.64 billion) in 2022. The overall revenue crossed £1 billion for the first time (£1.06 billion or A$1.95 billion) this year, up 24.3% year-on-year (YoY) on a like-to-like basis.