Financial Results
Interim Results
06 September 2007
Best-in-class organic growth drives strong first-half performance; continued investment in business transformation
Financial highlights
- Market-leading organic revenue growth continues at 9.6%
- Both Aegis Media and Synovate deliver organic revenue growth ahead of their markets, at 9.8% and 9.3% respectively
- Reported results impacted by adverse 10.0% movement in dollar and 1.8% in euro against sterling
- Revenue up 12.8% and underlying* pre-tax profit up 13.2% on a constant currency basis
- Underlying diluted eps up 12.0% on a constant currency basis to 2.43p; statutory eps reflects IAS 39 impact
- Dividend per share increased by 15.9% to 0.84p
Business highlights
- A record first half for net new business, at $1.5bn, with wins including 20th Century Fox internationally and Johnson & Johnson in EMEA
- Isobar named world’s no. 1 digital agency network by RECMA
- Synovate global clients continue to drive revenue growth
- Strategic acquisitions in Latin America, mobile services, ad serving and data management
- Investment in people, products and systems to underpin business transformation and future growth