M&C Saatchi records Aussie boost after new business burst

Rachael Micallef
By Rachael Micallef | 11 September 2015
M&C Saatchi has many sub-brands

M&C Saatchi's Asia and Australasia business has seen revenue growth of 6% in the network's half year results.

The Australian business itself saw an increase in revenue as a result of “their excellent new business run in 2014”. Headline regional operating margin was up from 11.5% to 12.0%, with operating profit up 3%.

M&C Saatchi Australia picked up a raft of new clients during the course of 2014 including Wotif, Lexus, NRMA and Cricket Australia.

So far this year, the Australian arm of the network has also won work with Xero, the St Vincent de Paul Society and JW Marriott as part of a global appointment.

M&C Saatchi CEO David Kershaw said: "M&C Saatchi has made good headway over the first six months of 2015. We produced positive revenue momentum and earnings growth.

"This stems from new business wins and continuing widening of our business offering.

"Looking ahead, we are confident that we will continue to make progress in the full year and beyond. The strategy is consistent and continues to deliver."

The network as a whole saw 6% growth, compared to the prior corresponding period, to £87.5m while profit before tax increased by 13% to £9.6m.

Around the globe, the network also performed well with the Americas seeing the largest like-for-like revenue boost of 19% and the UK seeing an increase of 9%.

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