Posts Tagged ‘profit loss’

Published in 2008

Thomson Intermedia in accounts controversy

Questionable past accounting practices have been highlighted by the £1 million loss reported by AIM-listed Thomson Intermedia for the half year to 31 October 2007. Last month’s announcement sent... Read more
Published in 2008

M&C Saatchi’s results expose inconsistency in new accounts rules

The recently published results of M&C Saatchi highlight a bizarre inconsistency created by newly introduced accounting rules affecting acquisitions. The company's reported post-tax profit of £2... Read more
Published in 2008

MDC Partners still continuing its precarious balancing act

MDC Partners, the Canadian based parent of Crispin Porter & Bogusky, reported another big loss of $US 26.4 million for 2007 and continued to be heavily borrowed. Net borrowings stood at $157... Read more
Published in 2008

Loewy surprises with massive loss of £15 million in 2007

Loewy Group lost a massive £14.8 million in the year 2007, according to its accounts. Much of the loss arose from the accounting treatment of the group's ambitious acquisition programme and a... Read more
Published in 2008

Media Square debt steady despite loss

Media Square, the AIM listed marketing services group that has been reorganised by incoming executive chairman Roger Parry, incurred a loss of £25.6 million last year after incurring exceptional... Read more
Published in 2008

Charlie Hoult surrenders Loewy CEO role

Charlie Hoult's surrender of the chief executive's chair at Loewy Group on realisation that it is not his natural role in a 400-employee business leaves open the question of whether the decision was... Read more
Published in 2008

Poulter put out of its financial misery

Leeds-based Poulter Marketing Group has finally been killed off after a succession of attempts to restore it to financial health. In the most recent attempt, private equity backed Bezier... Read more
Published in 2008

Big fall in Omnicom’s 3rd quarter revenues…

Omnicom Group suffered a bigger fall in revenues in the the latest quarter to 30 September than it experienced in the same quarter of the previous two years, according to figures just... Read more
Published in 2008

Share stake threat at Media Square

A recently created Irish equity investment vehicle has taken a 15% stake in AIM listed Media Square. The investor Prime Active Capital (“PAC”) is run by accountant and former stockbroker Peter... Read more
Published in 2008

Optimisa profit falls after EQ acquisition

Optimisa expects revenues to fall further in the second half of 2008 after reporting a drop in post-tax profit to £293,000 for the half year to 30 June as it struggled to absorb the EQ Group... Read more