M&C Saatchi sees full year in line, eyes further growth

Advertising agency M&C Saatchi said it expects profit for the financial year 2012 to be in line with expectations and anticipates further progress in the current financial year.

Advertising agency M&C Saatchi said it expects profit for the financial year 2012 to be in line with expectations and anticipates further progress in the current financial year.

In the last six months the group has signed up new clients including Ballantine's, Centre Parcs, National Trust, Harveys, Peroni and Virgin Holidays, and also opened new offices in Singapore, Abu Dhabi and Stockholm plus relaunched its New York office.

M&C Saatchi, which recently bought 60% of UK based talent management agency Merlin Elite, said it would further invest in new businesses in the current year.

Merlin Elite will become part of the group's Sport & Entertainment division.

CJ

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