28th Jul 2020 18:36
M&C Saatchi PLC - advertising firm - Expects to report a small underlying pretax profit for the six months ended June 30. Performance was resilient in second quarter, driven by continued growth in World Services division and robust new business performance across sectors and geographies. New assignments include those from TikTok, BP, Bayer, and Tele2. Says balance sheet remains strong and improved further since announcement in June, with total cash at GBP59 million as of July 23, compared to GBP52 million as of June 23.
Current stock price: 55.00 pence
Year-to-date change: down 56%
By Arvind Bhunjun; [email protected]
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