M&C Saatchi says large number of its offices have re-opened
The group said it launched a strategic review of its business recently with the results to be released after September
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LON:SAA
M&C Saatchi has evolved and is still evolving far beyond its famous advertising heritage. The company is a worldwide brand powered by the most talented people in the industry and it now operates across a globally diverse, regional network, delivering creative, strategic and data-led services across five global specialisms: Advertising, Consulting, Issues, Passions & PR and Media.
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The group said it launched a strategic review of its business recently with the results to be released after September
The advertising agency said slower uptake of its services meant its performance in March was “substantially weaker” than in January and February
Four directors, including co-founder Maurice Saatchi, quit earlier this month after the company reneged on its promise to hold an independent investigation into the black hole in its accounts
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A look at some of the day's major movers in the London stock market on Friday
An £11.6mln black hole was discovered in the ad agency's accounts last year, with four directors later leaving the board
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A look back at some of the more interesting stories from the junior market this past week
Lord Saatchi, an executive director at the advertising firm, quit the company on Tuesday evening alongside three non-executive directors in the wake of an accounting scandal
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A look at the day's major movers, including Morisson Supermarkets, Cloudcall, and Eurasia Mining
Net revenue climbed 2% year-on-year, while pre-tax profits soared 16%
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Mrs May reportedly told MPs that she will resign before the next phase of the Brexit negotiations.
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Big tobacco will also be making an appearance in the form of a trading update from Imperial Brands
Jamie Hewitt has been the head bean-counter at M&C Saatchi for almost 15 years
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
Chancellor of the Exchequer George Osborne gives his budget speech on Wednesday