M&C Saatchi plc (GB:SAA) has released an update.
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M&C Saatchi PLC has reported a robust financial performance for the first half of 2024, showcasing a like-for-like net revenue growth of 6% and a notable increase in operating profit by 40%. The company’s profitability has benefited from a global cost efficiency program and the exit from loss-making businesses, particularly in advertising. Looking ahead, M&C Saatchi remains confident in meeting its full-year market expectations for 2024, despite market volatility and planned investments in talent.
For further insights into GB:SAA stock, check out TipRanks’ Stock Analysis page.