S4 Capital’s top-line momentum ‘more than maintained’ in Q3 earnings
Following a strong first six months, Sir Martin Sorrell’s S4Capital Plc has said it’s more than maintained its top-line momentum in the third quarter, with like-for-like gross profit/net revenue up over 29%, in line or ahead of the performances of the technology companies and platforms.
Billings were £484.2 million (A$850.3 million) up 51% reported and 21% like-for-like. Controlled billings were £1.4 billion (A$2.4 billion). Revenue was up over 68% reported to £300.1 million (A$527 million), 27% like-for-like and gross profit/net revenue up 73% to £249.9 million (A$438.8 million), 29% like-for-like.
