Print Published 17th Nov 2012, 11:59

Dentsu’s half year profits up 16.8%, but cautious about future

Dentsu reported a 16.8% increase in post-tax profit for the six months to 30 September as net sales grew by 6.7% and gross income grew by 8.9%.  But the Japanese group has made a slight downward revision of its forecast profit for the year to 31 March 2013 in response to lower revenue expectations.

Dentsu reported post-tax profit of ¥9.3 billion (£72 million) for the six months, up from ¥8 million (£62 million) in the first half of 2011 and helped by a big reduction in exceptional retirement costs.