Financial Results
Preliminary Results
09 March 2004
Results for the year ended 31 December 2003
Highlights 2003
Aegis Group plc is a leading marketing services company employing approximately 8,500 staff in over 60 countries. Headquartered in London and listed on the London Stock Exchange (AGS.L) the Group is structured around two core business areas: Aegis Media, which includes Carat, Vizeum, Posterscope and a range of communication services businesses; and Synovate, which is a leading global market research network.
Investment drives organic revenue growth
and record pre-tax profit
- Group revenue up 9.6% to £648.8m (2002: £591.9m)
- Organic revenue growth 4.7% (2002: 5.3%)
- Media turnover up 15.0% to £6,937.3m (2002: £6,031.2m)
- Research revenues up 8.0% to £218.9m (2002: £202.6m)
- Underlying PBT* rises 12.7% to £80.5m (2002: £71.4m)
- Underlying diluted EPS* up to 4.9p (2002: 4.3p)
- Strong cash flow – 131% of underlying operating profit (2002: 151%)
- Further improvement expected in 2004