Dentsu Aegis Network grows by 12.9% as parent group posts £2bn revenue

Dentsu has posted revenue of YEN 374 billion (£2 billion) for the first half of its financial year, a 13.6 per cent rise compared with the same period last year.

Tadashi Ishii: president and CEO of Dentsu Inc
Tadashi Ishii: president and CEO of Dentsu Inc

Gross profit for the six months stood at YEN 349 billion, a 14.4 per cent rise, with organic gross profit growth of 6.9 per cent.

Its earnings before interest, tax and amortisation were YEN 65 billion, a 12.7 per cent increase compared with the same period last year.

Dentsu Group, which incorporates the Japanese operations, saw organic gross profit growth of 1.6 per cent, while Denstu Aegis Network, the international business, posted an organic gross profit rise of 11.8 per cent.

The company’s half year results added that Dentsu Aegis Network in EMEA, which includes Carat, Vizeum, and Mcgarrybowen, "delivered outstanding growth" of 12.9 per cent in the first nine months of the financial year.

In a statement, the company said: "All major markets across Western Europe (UK, Germany, France, Italy and Spain), as well as a number of smaller markets across the wider EMEA region, delivered very strong organic growth.

"This was a consequence of regional management executing a clear, consistent strategy, supported by a market-leading product, thereby driving positive momentum."

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