Media and communications group, Aegis, has reported an increase in revenue of 16.5%, reaching £870.4 million, with underlying profit before tax seeing a jump of 17.1%, hitting £109.8 million.
Boosted by superior growth from its unique business mix, Aegis enjoyed organic revenue growth of 7.2% in 2005. The company’s digital network, Isobar, saw revenue double reaching 15% of media revenue. Aegis’s research division also performed well, delivering organic revenue growth of 10.8%.
Commenting on the results, Robert Lerwill, chief executive officer of Aegis, said: “Aegis delivered record revenues and profits in 2005, with organic revenue growth of 7.2%. We have continued to develop our businesses by investing in people, service and tools.”
Looking towards 2006, the media and communications group is optimistic. Lerwill added: “With a healthy outlook in our markets, the benefits of our investment into fast growing areas, and the consumer-centric approach we bring to the marketing mix, I am confident we will deliver further good results in 2006.”
Aegis recently bought South African out-of-home business, Integrator, for £5.6 million, planning to integrate it into the company’s own out-of-home business, Posterscope (see Aegis Buys South African Out-of-Home Business).
Integrator is highly regarded for its strategic approach and planning tools, with the three year old business bringing clients such as Heineken, Johnie Walker and Sanlam into the Aegis fold.
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