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SAA — M&C Saatchi News Story

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UK’s M&C Saatchi drops on half-yearly profit fall, downbeat like-for-like revenue forecast

** Shares of M&C Saatchi SAA.L down 4.5% at 160p

** Co reports HY like-for-like profit before tax of 6.9 mln pounds ($9.38 mln ) down 48.1% y/y

** Expects FY LFL revenue to be down around mid-single digits

** YTD, stock down about 7% including session losses

($1 = 0.7356 pounds)

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))

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