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RNS Number : 1891D S4 Capital PLC 01 March 2022
1 March 2022
S4 Capital plc ("S(4)Capital" or "the Company")
Preliminary Results now to be released on March 31
S4 Capital plc (SFOR.L), the tech-led, new age/new era digital advertising and
marketing services company, announces that because of the impact of Covid and
Omicron on travel and resource allocation, particularly in the Netherlands,
PricewaterhouseCoopers has requested a further period to complete its audit
work.
Consequently, the Preliminary Results 2021 announcement will be on 31 March
2022.
The Company continues to expect to report results in line with the trading
statement issued on January 12, 2022, which highlighted continued strong gross
profit/net revenue growth and a significant improvement in Operational EBITDA
margins in the second half, and in line with market expectations. 2022 has
started strongly.
Enquiries to:
S(4)Capital plc Tel: +44 (0)20 3793 0003
Sir Martin Sorrell, Executive Chairman
Powerscourt (PR adviser to S(4)Capital plc) Tel: +44 (0) 778 670 2526
Robin O'Kelly
Jane Glover
About S(4)Capital
S(4)Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising
and marketing services company, established by Sir Martin Sorrell in May 2018.
Its strategy is to build a purely digital advertising and marketing services
business for global, multinational, regional, local clients and
millennial-driven influencer brands. This will be achieved by integrating
leading businesses in three practice areas: content, data&digital media
and technology services, along with an emphasis on "faster, better, cheaper"
executions in an always-on consumer-led environment, with a unitary structure.
Digital is by far the fastest-growing segment of the advertising market.
S(4)Capital estimates that in 2020 digital accounted for over 50% (for the
first time) or $290 billion of total global advertising spend of $525 billion
(excluding over $500 billion of trade promotion marketing, the primary target
of the Amazon advertising platform) and projects that by 2022 total global
advertising spend will expand to $650 billion and digital's share will grow to
approximately 60% and by 2024 to approximately 70%, accelerated by the impact
of covid-19.
In 2018, S(4)Capital combined with MediaMonks, the leading AdAge A-listed
creative digital content production company led by Victor Knaap and Wesley ter
Haar, and then with MightyHive, the market-leading digital media solutions
provider for future thinking marketers and agencies, led by Peter Kim and
Christopher S. Martin.
Since then, MediaMonks and MightyHive combined with more than 25 companies
across content, data&digital media and technology services. For a full
list, please see the S(4)Capital website (https://www.s4capital.com/) . In
August 2021, S(4)Capital launched its unitary brand by merging MediaMonks and
MightyHive into Media.Monks, represented by a dynamic logo mark that features
MightyHive's iconic hexagon. As the operational brand, Media.Monks underpins
S(4)Capital's agility, digital knowledge and efficiency and is the next step
in delivering on its foundational promise to unify content, data&digital
media and technology services.
Victor Knaap, Wesley ter Haar, Pete Kim, Christopher Martin, Mary Basterfield
and Scott Spirit all joined the S(4)Capital Board as Directors. The
S(4)Capital Board also includes Rupert Faure Walker, Paul Roy, Daniel Pinto,
Sue Prevezer, Elizabeth Buchanan, Naoko Okumoto, Margaret Ma Connolly, Peter
Rademaker and Miles Young.
The Company now has well over 7,500 people in 33 countries across the
Americas, Europe, the Middle East and Africa and Asia-Pacific and a current
market capitalisation of approximately £2.6 billion (c.$3.59 billion) and
would rank well inside the FTSE 125. It achieved Unicorn status in a little
over one year, unique in the advertising and marketing services industry. Sir
Martin was CEO of WPP for 33 years, building it from a £1 million "shell"
company in 1985 into the world's largest advertising and marketing services
company with a market capitalisation of over £16 billion on the day he left.
Today its market capitalisation is £12 billion, dropping into second place
behind Publicis for the first time ever. Prior to that Sir Martin was Group
Financial Director of Saatchi & Saatchi Company Plc for nine years.
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