REG - M&C Saatchi PLC - AGM Trading Update

M&C SaatchiAnnouncement

15/05/2025 07:00

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RNS Number : 7143I  M&C Saatchi PLC  15 May 2025

15 May
2025

M&C SAATCHI PLC

(the "Company" or "M&C Saatchi")

 

AGM Trading Update

 

Trading in line with expectations(1)

Continued positive momentum in UAE, Europe, Issues and Media in Q1

 

M&C Saatchi plc is pleased to announce a trading update for the first
quarter ended 31 March 2025, ahead of today's Annual General Meeting.

 

Like-for-like net revenue for the first quarter is broadly in line with last
year, reflecting continued strength in the UAE and Europe as well as our
Issues and Media specialisms, offsetting ongoing macro volatility in Australia
and the UK. The group continues to invest in people and capabilities for
long-term sustainable growth, which will be largely first-half weighted, while
the planned delivery of c.£3m of annualised cost savings is on track.

 

Zaid Al-Qassab, Chief Executive Officer, said:

"We have delivered a resilient trading performance in the quarter and we
remain confident in achieving market expectations this year, which reflects
the strength of our proposition and our diversified portfolio. Although the
global macro and geopolitical situation remains volatile, we have not seen any
significant change in client spending in the quarter. We will continue to
assess the implications of economic and market events on our clients for the
remainder of 2025 while maintaining cost base agility and discipline. We
remain confident in achieving our ambition of long-term profitable growth and
delivering strong sustainable returns for shareholders."

( )

(1) Company compiled consensus available at:
https://www.mcsaatchiplc.com/analysts/consensus
(https://www.mcsaatchiplc.com/analysts/consensus)

 

 

FURTHER INFORMATION

 M&C Saatchi                                           +44 (0)20-7543-4500
 Zaid Al-Qassab, Chief Executive Officer
 Simon Fuller, Chief Financial Officer
 Thomas Fahey, Head of Investor Relations

 Headland Consultancy                                  +44 (0)20-3805-4822
 Rob Walker / Charlie Twigg / James Waters

 MCSaatchi@headlandconsultancy.com

 Panmure Liberum - Nominated adviser and joint broker  +44 (0)20-3100-2000
 Max Jones, Edward Mansfield, Will King

 Deutsche Numis - Joint broker                         +44 (0)20-7260-1000
 Nick Westlake, Iqra Amin

 

About M&C Saatchi
M&C Saatchi is a creative solutions company with specialist expertise and
creativity in helping our clients grow by maximising the reach and potential
of their brands. It does this through its regional-first operating model with
five core specialisms - Advertising, Issues, Passions, Consulting and Media -
which it leverages in an integrated go-to-market approach. It has significant
global reach, with major hubs in the UK, Europe, Middle East, APAC and the
Americas and is supported by global shared services.  M&C Saatchi is
headquartered in London and listed on the FTSE AIM index of the London Stock
Exchange.

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