Media and digital communications group, Aegis, beat analysts forecasts for 2011 with profits jumping by a third.
Pre-tax profits for 2011 at the firm came in at £161.8m, up 32% on the year before and beating expectations of £148.3m.
Earnings per share were 10.1p, up 29% on the previous year, with the company saying it would pay a dividend of 3.2p.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The firm said it was optimistic about the outlook for the advertising sector in 2012, supported by key sporting events and the US Presidential Election.
"So far in 2012, our clients have continued to spend on marketing and advertising their products and brands, as they seek to gain market share and strengthen their market positions," said Chief Executive Jerry Buhlmann.
"We expect this trend to continue, helping to support the momentum of our business, which built up during 2011 with a record-equalling net new business performance last year."
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the USMedium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.
