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M&C Saatchi sees profit beating expectations

Revenue and operating profit margin are also set to exceed forecasts

M&C Saatchi PLC (AIM:SAA) said it continues to trade well and predicted that the pre-tax profit for 2021 will exceed consensus forecasts.

As a result of the continued strong performance, it also expects revenue and operating profit margin to beat market forecasts, the advertising and marketing company said in a statement.

It said new business remains strong with new client assignments, including projects for Apple and Mars.

Shares rose 1.22% to 166.50p.