Aegis Report 13% Gain In Turnover

The media buying and planning group, Aegis, have announced unaudited preliminary results for 1998. Pre-tax profit increased by 17% to £51.1 million, and earnings per share, fully diluted, were up by 6% to 3.7p.

Turnover for the group grew by 13%, totalling £4,130 million for 1998.

Chief executive of the group, Crispin Davies, commented: “These results demonstrate continued good growth and confirm the progress we are making in developing the Group, both geographically and in terms of new services and products. Business gains during the year were at a record high.

“The new products we are introducing to match the explosion in media vehicles continue to benefit our margins, as clients seek more sophisticated media services.”

Aegis: 0171 838 9393