AGM Statement

RNS Number : 3379H

M&C Saatchi PLC

07 June 2017

 

M&C Saatchi PLC

Annual General Meeting Chairman's Statement 7^th June 2017

At the AGM, Jeremy Sinclair, Chairman of M&C Saatchi PLC, will make the following statement:

"2017 has started well and trading is in line with expectations.

"Following our well-rehearsed slogan of New Business and New Businesses, here is the 2017 story so far:

•           We have expanded our successful brand identity unit, RE from Sydney to London.

•           We are taking our research agency, the Source, on its first expansion from London, to  Melbourne.

•           We have spread Sports and Entertainment's wings to cover LA.

•           We are also taking our strategic consultancy Clear to LA, as well as opening in Berlin.

•           We are looking at expanding the advertising network to Mexico City.

"In terms of New Business, group companies have made a good start:

•           The LA office won Pacific Life, the American mutual insurance company.

•           Our French colleagues won Haribo Candy.

•           SS+K NY, in whom we have increased our stake from 51% to 67%, have won some Samsung and Airbnb.

•           In the UK, the Agency started the year well winning Dreams, the retailer and Visit Britain a British Tourism campaign designed to persuade you to holiday here.

•           Still in the UK, LIDA won The Body Shop.

•           And M&C Saatchi PR won Virgin.

"All of this gives the Board confidence of another successful year for the company."

-ends-

For further information, please contact:

M&C Saatchi plc                                 [phone]  

Jeremy Sinclair, Chairman                                  

Numis Securities                                 [phone]  

Nick Westlake, NOMAD                                        

Charles Farquhar, Corporate Broking                        

Tulchan Communications                   [phone]  

Tom Murray

 

END

 

 

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