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Good Results Predicted For AMV
Abbott Mead Vickers is announcing its full-year results tomorrow and analysts are predicting strong figures for the ad group.
It is predicted that there will be a 33% increase in pre-tax profits to roughly £14m. Billings have increased 24% to £306m, aided by major account wins such as Wrangler Jeans. Other major clients include Volvo and Sainsbury. It is also said that AMV will look to make further acquisitions in 1997, following the buy-outs of Pattison Horswell Durden and Fishburn Hedges last year.
A final dividend of 7p is forecast, with earnings per share up from 19.33p per share to 23.4p.
