Maisie McCabe
Aug 26, 2011

Aegis Group's pre-tax profits rise 41 per cent over first half

LONDON - Aegis Group, the owner of the Carat and Isobar networks, has posted a 41% year-on-year increase in pre-tax profits in the first six months of 2011 and reported a "good performance" across the UK brands.

Jerry Buhlmann: chief executive of Aegis Group plc
Jerry Buhlmann: chief executive of Aegis Group plc

According to Aegis Group's 2011 interim results announcement, statutory profit before tax was uS$58 million in the six months to 30 June, 2011, up 40.7 per cent when compared to the first half of 2010.

Total group revenue for the first six months of 2011 was US$1.23 billion, up 14.1 per cent at reported rates and up 14.5 per cent in constant currency terms.

Group revenue from continuing operations was US$846 million, up 17.9 per cent at reported rates and 17.7 per cent at constant currency terms.

Source:
Brand Republic

Related Articles

Just Published

55 minutes ago

Should brands try to be 'besties' with GenZ?

Pandering to GenZ by ‘meme-jacking’ will not help brands if they do not compensate and credit creators, says Bob Gold & Associates’ Albert Heape

1 hour ago

BBC launches review of $76 million media planning ...

Incumbent Havas Media Network has handled the account ever since 2015.

1 hour ago

The Oscars 2025: Who will win the film poster review?

AML Group creatives Lizzie Hutchison and Stephen O’Neill discuss the highs (and lows) of posters for this year’s Best Picture nominees at the Oscars.

13 hours ago

Ramadan 2025: How Indonesians plan to spend, save, ...

Despite economic jitters, nearly half of Indonesians plan to give more to charity this Ramadan, with mosques remaining the top destination for Zakat donations, according to YouGov.