Marketing Services Financial Intelligence

• Aggregate revenues grew by 5.7% • Smaller (8.7%) slice of operating profit spent on finance costs • Post-tax profits up by 11.1% • WPP biggest by revenue and profit • BUT 40% saw profits fall

Balance sheets of over 80% of publicly listed marketing companies had become more vulnerable at their latest accounting year end than one year previously, according to a financial research report published today.

Loans of £2.3 million made to Porta Communications by a company associated with the son of Porta’s chairman Bob Morton were described as being “from a third party” in Porta’s accounts for 2013, according to a report in the online marketing...

But general trend was one of slower growth, lower margins and tightened financial belts

The 2013 accounts of public relations group Freud (Holdings) had not been filed by their due date of 30 September, according to a report this morning in Marketing Services Financial Intelligence (www.fintellect.com/msfi).

Aggregate revenues grew by 5% - increased slice of operating profit spent on finance costs - post-tax profits up by only 1.9% - WPP remained the biggest by revenue

Initial calculations suggest that private equity investor Lake Capital is offering to buy out former employee shareholders in one of the biggest privately owned marketing companies The Engine Group at far less than the value applied to shares issued by...

Public relations specialist Matthew Freud this week increased his shareholding in the international public relations group Huntsworth to 3%, just as he is on the verge of collecting a sizeable payout from the sale of his shares in The Engine Group,...

Omnicom Group today made the surprise announcement that “unexpectedly” the relevant tax authorities the had not yet agreed to grant the enlarged Publicis Omnicom Group tax residency in the United Kingdom.

Fjordnet, the UK based international digital design consultancy, had incurred losses totalling almost £1.3 million in the two years prior to sale to the management consultancy Accenture in May last year