Added to YB: 2024-08-21
Pitch date: 2024-06-30
SAA.L [bullish]
M&C Saatchi plc
-36.53%
current return
Author Info
No bio for this author
Company Info
M&C Saatchi plc provides advertising and marketing communications services in the United Kingdom, Europe, the Middle East, the Asia Pacific, and the Americas.
Market Cap
GBP 170.9M
Pitch Price
GBP 1.95
Price Target
N/A
Dividend
1.38%
EV/EBITDA
5.71
P/E
24.74
EV/Sales
0.55
Sector
Media
Category
turnaround
Artisan International Explorer Fund Portfolio Holding: M&C Saatchi plc
SAA.L: UK ad agency shows recovery trend H1 to H2 2023. New chair/interim CEO since Jun '23 led restructuring, cutting costs & disposing underperforming units. Results show quick impact. New permanent CEO May '24. Largest portfolio position, outsized contributor to performance. Anticipating further growth under new leadership.
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