Archive for 2017

Published 25th Mar 2017, 10:10

Matomy loses $11.7m in search for new media channels

Matomy Media Group, the Israeli digital advertising sales business that is listed on the London Stock Exchange, lost $11.7 million in 2016 as it spent substantial funds on adapting its business offer... Read more
Published 24th Mar 2017, 12:11

Dentsu overstated liabilities acquired in Merkle deal

Dentsu has confessed to internal financial control weaknesses that allowed it to overstate the financial liabilities acquired with the Merkle acquisition last year.  The amount of the overstatement... Read more
Published 23rd Mar 2017, 14:20

Mission exceeds expectations: profit up 10.5%

AIM listed The Mission Marketing Group has reported a post-tax profit of £4.4 million for 2016 - slightly in excess of earlier expectations. Abnormal items, such as charges for acquisition... Read more
Published 23rd Mar 2017, 09:14

Writtle buys design remnants of Cossette’s UK operations

Writtle Holdings, the privately owned expansionist marketing services group, has acquired the formerly loss-making branding and design consultancy Identica from EDC Communications for what will... Read more
Published 22nd Mar 2017, 18:36

Cello Group suffers abnormal costs of £11m

Cello Group incurred a post-tax loss of £2.8 million in 2016 after bearing abnormal costs of a little over £11 million, but benefitting from favourable currency movements of almost £2.6 million.... Read more
Published 21st Mar 2017, 16:23

Huntsworth hit by another £30m Grayling write down

Huntsworth, the stock market listed international public relations group, suffered another painful dent to its balance sheet last year as it wrote off a further £30 million from the cost of... Read more
Published 17th Mar 2017, 20:36

Martech puzzle: what is the future for Ve Interactive?

What would a casual observer conclude about a company in the e-commerce sector that has raised £44.5 million from shareholders, has borrowed £8.3 million from its bankers (net of cash balances),... Read more
Published 17th Mar 2017, 10:30

Nasdaq adds to comScore’s listing deficiencies

Although little more than a formality, Nasdaq has added another failing to the list used to support the suspension and expected delisting of shares in the controversial US audience measurement... Read more
Published 16th Mar 2017, 19:33

M&C Saatchi profits hit by profitable subsidiaries

Stock market listed M&C Saatchi increased its revenue (gross income) by 26% last year, but its post-tax profit was slashed to £144,000 primarily – and ironically - because investments in... Read more
Published 15th Mar 2017, 15:25

Luke Johnson leaves Zinc board as losses continue

Non-executive director Luke Johnson is leaving the board of Zinc Media Group immediately due to “his numerous other time consuming commitments in other businesses” after the group reported... Read more