Posts Tagged "City news"

Haymarket Media Group has reported pre-tax profits of £11.1 million in the year to 30 June 2014, up from a loss of £7.6 million in the preceding 18 months

Profits at Bertelsmann, Europe’s biggest media group by revenue, dropped 35 per cent last year as it scaled back on declining businesses

The UK’s biggest website for second-hand car sales had set the price for its initial public offering at 235p-per-share, giving it a market value of £2.35bn

Havas reported today that net income for 2014 grew 9.4% to 140 million euros (about $149 million at today’s exchange rate). Operating profit margin for the year was 14.1%, up three-tenths of a percent. Last month Havas reported that it had a 5.2% full-year 2014 revenue gain to 1.865 billion euros (approximately $2.126 billion) and organic growth for […]

Following a successful City roadshow, led by chief executive Trevor Mather, books were closed early yesterday on the £2billion-plus flotation of Auto Trader, which operates Britain’s leading website for buying and selling new and used cars

An investment company aiming to buy telecoms, media and technology companies in a consolidating European market has received backing from a range of institutional funds managed by Neil Woodford, Fidelity and Standard Life

WPP reported full-year sales and profit increases in line with analyst expectations on Monday and told investors to expect similar growth rates in 2015 as clients focus on cutting costs and rival agencies offer aggressive discounts

The UK commercial broadcaster said that net advertising revenues would grow 11 per cent year-on-year in the first quarter of 2015 — slightly above analysts’ estimates, boosted by spending being brought forward due to the UK general election. In 2014, ad revenues rose 6 per cent to £1.6bn

UBM’s aquisition of Advanstar in December created the largest US events business by revenue and a global industry giant

The FT is a leader in crossing over from print — digital subscribers now make up 70 percent of its paying audience, a number that keeps growing

Reed Elsevier plans to change its name to RELX Group and to simplify its corporate structure by combining the assets below its UK and Dutch parent companies into a single group entity for the first time

French advertising holding company Havas achieved 3.5 percent organic sales growth on revenue of 551 million euros in the fourth quarter, finishing a strong year driven by new contract wins and strength in Britain and emerging markets

Publicis Groupe reported that consolidated revenue grew 4.3% to $9.625 billion in 2014, driven by stronger fourth-quarter organic growth of 3.2%

Interpublic reported relatively strong results for fourth-quarter and full-year 2014, beating its financial targets for the year and bringing its operating margin closer to “fully competitive,” Chairman-CEO Michael Roth said in a statement released Friday morning

Publicis Groupe has reported pre-tax income of €1.04 billion, down 5.5 per cent after what its chief executive and chairman, Maurice Lévy, has described as a “patchy year”

Omnicom warned that the strong US dollar would weigh on revenues this year, as it reported higher revenues and profit in the fourth quarter

Declining sales, advertising and subscriptions hurt revenues at Rupert Murdoch’s newspaper business in the final quarter of last year, News Corp has reported

Sky’s highest customer growth in the UK in nearly a decade helped the satellite broadcaster post a 16% rise in adjusted operating profit in its first results since its £5bn acquisition of Sky Italia and Sky Deutschland

DMGT’s Q1 trading update reveals mixed fortunes with underlying growth at 1%

Marcoms group Creston has issued an interim statement for the third quarter, reporting group revenue up just 1% year-on-year, resulting it says from a combination of client budget cuts and project delays within its UK health business