M&C Saatchi Group looks to save costs for improved full-year profit margin

M&C Saatchi Group has flagged cost-saving measures in the latest trading update, as the company looked to deliver higher operating margins for 2023.

In an announcement before the company’s annual general meeting yesterday, M&C Saatchi Group said the “challenging trading environment” had continuously influenced its “pace of business” into the second quarter, especially for advertising and media operations.