Aegis has recorded a total revenue increase of 10.8% at constant currencies for the first quarter, 4.6% at reported rates.
The group’s organic revenue growth (excluding currency movements and the impact of acquisitions) has increased since 2006, to 8.5% in the first quarter, and Aegis says that it continues to achieve the fastest organic revenue growth of any major marketing services group.
Total Q1 revenue growth at Aegis Media was 10.3% at constant currencies, and 5.3% at reported rates. Organic growth was 8.4%.
Digital services continue to be the fastest-growing part of the Aegis Media’s business.
Synovate’s total Q1 revenue growth was 11.6% at constant currencies and 3.5% at reported rates. Organic revenue growth was 8.7%, with a particularly strong start to the year in the Americas and Asia-Pacific.
Ahead of releasing its pre-close trading statement in June, Aegis said: “2007 has started well, with strong organic revenue growth in both Aegis Media and Synovate.
“We remain confident that Aegis is on track for a further year of industry outperformance and good underlying progress, underpinned by recent client wins, our world class position in digital services and our growing presence in developing economies.”
In April, Vincent Bollore, chairman of Havas, failed in his third attempt to win representation on the Aegis board (see Bollore Fails Again In Aegis Board Bid).
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