The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Meanwhile Publicis Groupe PUGBY has just hit an all time high of $28.15 giving it a market cap of $27.16Billion.
Yes they have been 'smashing it' with organic growth and margin improvement while SFOR has been struggling and growth has paused. Everyone knows the problems and no one is expecting stellar reporting but this is undervalued and the market sell off has over shot, as usual.
'Hullbist
Posted in: RKH
Posts: 75
Price: 15.76
No Opinion
getting out whilst i still got enough for decent holiday bye25 Nov 2019 21:01
well done you have all finally broke me new to this really but i cant take any more 27k down the drain over approx 6 years cant wait no longer
good luck anyone who stays in'
'Digital publisher LBG Media reported a robust full-year financial performance in its unaudited final results on Thursday, with total group revenue rising 7.5% over the year to £67.5m.
The AIM-traded firm said that growth was propelled by a 5.5% increase in direct revenue to £29.3m in the 12 months ended 31 December, fuelled by heightened activity levels with both new and existing clients, and bolstered relationships with blue-chip advertisers, with 75% of direct revenue stemming from recurring clients.'
'Do you worry about artificial intelligence? There is some commentary that agencies, like a lot of businesses, are going to struggle because some of their services can be created using AI.
I am very positive and bullish on AI. I think it's going to be a great help for agencies. I believe, of course, that agencies not using AI will be replaced by agencies using AI because it's completely changing the productivity, the efficiencies, the effectiveness [of the work]. I don't see a real threat in terms of losing business because some of our clients would integrate their advertising or communication capabilities [in-house as a result of AI].
I still believe that we are delivering a service of professionals working together that is unique and will be very hard to replicate inside a client or a different kind of organisation. Because it's a combination of strategy and creativity – a mix of left and right brain – and I still believe that agencies are the best places to use AI for the best interest of their clients.
The best analogy that I have found is, like the invention of the camera at the beginning of the 20th century. It hasn't killed all the painters, it has only killed the average painters. Where you are right is I would say for an average agency, not producing great work, it's going to be hard because you can really internalise this kind of work [as a client by using AI in-house].'
'Brian Wieser, an analyst and founder of Madison & Wall, said Havas’ margin was probably affected by the fact it is “small in the US where they would arguably get a bigger margin” and “they operate a legacy creative network” that will “still have infrastructure costs that are high”.
During the wide-ranging interview, Bolloré also discussed how Havas had been the “most acquisitive” agency group, buying into ten agencies, including Uncommon Creative Studio, in 2023'
Pauldrayton,
I think you are right and am not sure they are so naive not to know this. I read somewhere recently that carbon credits are cheaper in more 2nd or 3rd world type countries so we can export our carbon emissions so to speak. It also has to weeken the Scottish economy meaning they have less chance of going independent.
BrokeNSmoke,
I don't believe that is the case at all. Tech deferred its own ad spending all together, I don't think it was a case of spending in house and cutting agency spend. Has anyone go any numbers to disprove my understanding ?
Pokerchips,
If we are not talking about any cash drawn from the revolving credit facility, I think you are right, so could be something like £2.5m in lost credit interest rather than circa £15m extra interest having less cash. I do know there have been staff cuts since the last update so am thinking there are further cost savings.