TNS has announced that it achieved underlying revenue growth of 2.5% for the full year 2006, with the majority of its businesses performing well. Underlying revenue growth for Europe as a whole was 3.2%, with TNS saying that this represents an acceptable performance given slower market growth in developed markets in Western Europe. The UK… Continue reading TNS Records 2006 Revenue Growth
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United Business Media’s (UBM) revenues from continuing operations grew by 17% to £739.1 million in 2006, up from £633.7 million in 2005, whilst operating profit rose by 18% to £149 million, up from £126.7 million in 2005. By the end of 2006, the proportion of revenues and profits generated from events was 29% and 43.3%… Continue reading UBM 2006 Revenues Grow
Archant’s operating profits for 2006 fell 6.8% to £29.5 million, although the group said that it had performed robustly in challenging conditions for the media industry. Continued progress in magazines and contract publishing saw profits in those businesses, including acquisitions, up 23.7% at £6.1 million, up from £5 million in 2005. In a statement to… Continue reading Archant’s Operating Profits Decline
SMG has announced that Jamie Mathieson and Lord Waheed Alli are to join the company’s board of directors as non-executive directors. Jamie Mathieson (52) is the executive chairman of Brewin Dolphin Holdings PLC. He was previously a non-executive director of Scottish Radio Holdings until its sale to Emap, and is currently a non-executive director of… Continue reading SMG Appoints Non-Executive Directors
Endemol chief operating officer Tom Barnicoat has stepped down, with Barnicoat now expected to launch a management buyout of the television producer. There has been mounting speculation that Barnicoat is preparing a buyout of Endemol, and now that he is a free agent, he will be able to do so. Telefonica executives met last month… Continue reading Endemol Chief Operating Officer Steps Down
Publicis Groupe has reported 14.8% growth in profits for 2006 to €443 million, and a record operating margin of 16.3%. 2006 revenue of €4,386 million were up 5.6% at constant scope of consolidation and exchange rates (i.e., organic growth). All geographical regions contributed, with organic growth 5% in Europe, 5.1% in North America, 5.3% in… Continue reading Publicis Records 2006 Profits Growth
Interpublic Group recorded organic revenue growth of 0.4% in the fourth quarter of 2006 compared to the same period a year previously. Full year organic revenue increased by 1.0% for 2006 compared with 2005. Fourth quarter 2006 revenue was $1.88 billion, compared to $1.90 billion the same period a year previously. Full year 2006 revenue… Continue reading Interpublic Sees Q4 2006 Revenue Growth
Viacom’s full year 2006 revenues of $11.47 billion rose 19% from $9.61 billion in 2005, reflecting a 7% increase in media networks revenues to $7.24 billion. Fourth Quarter 2006 revenues of $3.59 billion grew 32% from $2.72 billion in 2005, whilst worldwide advertising revenues rose 6% to $1.26 billion from $1.19 billion in 2005. Sumner… Continue reading Viacom Records Revenue Increase
Trinity Mirror has recorded a drop in revenue of 4.8% to £1,032.1 million, with the company blaming the difficult advertising environment. The group’s preliminary results for 2006 show that its national newspaper division, which includes the Daily Mirror, saw revenues fell 5.3% to £472.4 million. Commenting on the results, Sly Bailey, chief executive of Trinity… Continue reading Trinity Mirror Records Revenue Drop
Virgin Media saw its revenue increase to £1,081.6 million in the fourth quarter of 2006, up from £1,024.9 million in Q3. Year on year revenue growth in Q4 was £597 million, which Virgin Media says is due to the merger with Telewest and the acquisition of Virgin Mobile. Consumer revenue in the fourth quarter of… Continue reading Virgin Media Records Q4 2006 Revenue Increase
