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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