Ad group M&C Saatchi warns of profit hit from US shutdown

M&C Saatchi

24/11/2025 07:23

Nov 24 (Reuters) - British advertising group M&C Saatchi SAA.L on Monday lowered its profit and revenue outlook for the year after the U.S. government shutdown hit a significant business for the company during the fourth quarter.

The ad group now expects like-for-like net revenue decline of around 7% for the year, with operating profit between 26 million pounds and 28 million pounds ($34 million and $36.7 million).

($1 = 0.7638 pounds)

 (Reporting by Ankita Bora in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Ankita.Bora@thomsonreuters.com;))