Aegis confident about outperforming the industry in 2007
UK media group Aegis says it is on track for a further year of outperforming the industry. It says that it “continues to see a healthy outlook” for the advertising and market research markets.
Organic revenue growth at Aegis Media, the group’s media planning and buying arm, was at 8.4% for the first quarter of the year, on the back of a strong performance in Asia-Pacific and Europe, Middle East and Africa, Aegis says.
New business wins include 20th Century Fox’s international business and Liverpool Victoria in the UK. It also retained the Philips global account.
Synovate, the group’s market research division, recorded organic revenue growth of 8.7%, with a strong performance in Asia-Pacific and the Americas.
Aegis’s trading statement comes ahead of today’s annual general meeting (AGM), where shareholders will vote on a fresh request from Vincent Bollore, the group’s largest shareholder, for board representation.
