M&C Saatchi Posts Robust Results for 2005

27 March 2006

    LONDON - The international agency network unveiled full year profits up 11.3% to £9.1 million ($15.86m; €13.18m) despite losing its largest account, British Airways, to Bartle Bogle Hegarty last year [WAMN: 12-Oct-06].
    However, M&C Saatchi is likely to feel the full impact of the £60m BA loss in the current fiscal, although it will be partially offset by recently-won business from Australian Tourism, ITV, Ribena, Direct Line Insurance, ebay in Asia and Wyeth in China.