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).

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

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.

Topics