AGM Trading Update

M&C Saatchi

15/05/2025 07:00

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 expectations1

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

 

 

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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