Sorrell expects S4 Capital to exceed 2022 market projection in latest trading update

Darcy Song

January 19, 2023 8:52

S4 Capital is expected to outpace the market expectation of high single-digit growth for its digital advertising peers, according to its executive chairman Sir Martin Sorrell, in a fourth-quarter trading update released today.

The digital advertising and marketing services group confirmed its performance in 2022’s fourth quarter was in line with expectations. For the full year, S4 is set to deliver at least £120 million (A$213.44 million) of Operational EBITDA (earnings before interest, taxes, depreciation, and amortisation).

In its third-quarter earnings, the company posted its Pro-forma Operational EBITDA for the latest twelve months to 30 September 2022 as £126.2 million (A$224.43 million).

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Darcy Song

Darcy Song was a reporter at Mumbrella, covering media owners, adtech and social platforms. She left in October 2023.