Aegis Delivers Upbeat Trading Message

05 July 2005

Global marketing and media services group Aegis says it is optimistic about hitting targets for 2005, despite a "patchy" advertising climate in parts of Europe.

The London-headquartered company, whose portfolio includes Europe's largest media buying and planning agency Carat and market researcher Synovate, issued an upbeat message ahead of first-half results in September.

It says the board expects a "satisfactory outcome for the full year" despite a higher finance charge in the second half due to recent acquisitions.

Synovate is performing well in the Americas and in central and Eastern Europe, while Aegis Media has seen strong trading in Asia-Pacific and parts of Europe. US marketing spend is in line with expectations, says the company.

Data sourced from Brand Republic (UK); additional content by WARC staff