M&C Saatchi honcho singles out Australia success in AGM speech

Nicola Riches
By Nicola Riches | 11 June 2015

M&C Saatchi chairman Jeremy Sinclair singled out the success of the Australian arm of the agency in an earnings statement yesterday showing that the Aus/Asia region also contributed £44.17m ($88.7m) to the agency's overall revenues for the last financial year.

In a very short statement to investors, Sinclair briefly stated: “The Australian agency won agency of the year both nationally and in New South Wales.”

Sinclair failed to specify which awards the agency picked up, but it did deliver a four-gong haul at the B&T Awards last November and has received global praise for its work on the Optus Clever Buoy campaign.

"The year has started well,” he added, “with good wins in most offices. Some substantial, some less so. The substantial help pay the bills, the smaller help make us famous.”

The chairman also pointed to success in the UK with recent political work for the Conservatives which saw an outdoor campaign issued featuring ex-Labour leader David Milliband pictured in the pocket of the now ex-SNP leader Alex Salmond.

“Since the year end, we have started up in Tel Aviv, bought a substantial share of Santa Clara in Sao Paulo and started Shopper Marketing in the UK. Last year's investment in the NY agency, SS+K started well, winning JW Marriot," he concluded.

Group revenues for the year ending June 1 2014 came in at £169.4m, 4.5% up on 2013. The company employs 1,885 people across the world and 545 in this region.

M&C Saatchi is currently enjoying its 20th year in business.

Email Nicola at nicolariches@yaffa.com.au.

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