Financial Roundup: Agencies

08 September 2004

Global (calendar H1)

  • Aegis Group
       The global media research and holding company boasted soaring pre-tax profits for the first half of the year of £36.4 million ($64.5m; €53.4m), up from last year's £30.9m.
       Largely a result of market recovery and company strategies, the rise of more than 22% was matched by an increase in revenue of 21.3% to £3.4 billion.
       Contributing to the good fortune is Aegis Media's acquisition of $1.2bn of new business, including work with Procter & Gamble. The division's turnover rose 3.8% from £3.3bn last year to £3.5bn.
       Aegis' market research group Synovate also boosted finances as a result of improvements in European and Asia-Pacific operations and a rise in US polling activity prior to the presidential election.
       Ceo Doug Flynn is upbeat for future success: "I am confident Aegis will deliver another good performance for the full year."

    Global (calendar H1)
  • TNS
       The world's second largest research group has posted strong first-half results on the back of its acquisition of NFO WorldGroup, a unit of Interpublic Group.
       Turnover has increased by 46.1% to £446 million ($791m; €655m) compared with the same period last year, while operating profit has rocketed 58.7% to £40.9m.
       The company attributes revenue rises of 5% to an improvement in worldwide markets.

    Data sourced from: BrandRepublic (UK) and Daily Research News Online; additional content by WARC staff