Saatchi advertises a year of success

ADVERTISING agency M&C Saatchi plc said full-year profit rose 10 per cent, boosted by new accounts, including Ballantine’s whisky, LG Electronics, Peroni beer and Virgin Holidays.
By The Newsroom
Published 19th Mar 2013, 00:01 BST
Carrie HindmarshCarrie Hindmarsh
Carrie Hindmarsh

London-based M&C Saatchi, which opened branches in Stockholm, Singapore and Abu Dhabi in 2012, said headline pre-tax profit rose to £17.2m from £15.6m a year earlier. Revenue increased 11 per cent to £169.5m and comparable sales from the UK – the company’s largest market – rose 13 per cent to £75.4m, driven by strong sales in its mobile services and customer relationship management businesses. M&C Saatchi’s clients include Google and Twitter.

Carrie Hindmarsh, pictured, the joint CEO of M&C Saatchi Group, the creative part of M&C Saatchi plc, spoke at the Women’s Business Forum in Harrogate last year. Ms Hindmarsh, a Leeds University graduate, joined the firm in 1995 when it was established as a rival agency by the founders of Saatchi & Saatchi, brothers Charles and Maurice. She was promoted to MD in 2007 and chief executive in 2011. David Kershaw, CEO of M&C Saatchi plc, which includes 26 businesses, said: “Looking ahead, we are confident that we will continue to make progress in 2013 and beyond. The strategy continues to deliver.”