This is Mahoosive!!!28 Sep 2019 07:27
After a bit of digging guys and girls i found that Dentsu Aegis Network is part of the bigger Dentsu Group.
• Dentsu Group underlying operating FY18 profit was 153.2 billion yen (FY2017: 163.9 billion yen).
o 80.2 billion yen in Japan (FY2017: 88.8 billion yen), and 72.9 billion yen at Dentsu Aegis Network (FY2017: 75.1 billion yen).
So the Dentsu Group made almost £1.2 profit in FY18 of which the Dentsu Aegis Network contributed a not too shabby £564 million.
What a fantastic partner!
GLA
DENTSU - Highlights of FY2018 results
• The Dentsu Group delivered growth of revenue less cost of sales of 6.8% (constant currency basis) in FY2018:
o 2.0% in Japan, and 10.2% (constant currency basis) at Dentsu Aegis Network driven by acquisitions and organic growth.
o Contribution amount to the increase: +30.6 billion yen by organic growth, +28.6 billion yen from M&As, and (4.2) billion yen from foreign exchange rates.
• The Group produced organic growth of 3.4% in FY2018:
o 2.1% in Japan, and 4.3% at Dentsu Aegis Network. The international business benefited from strong organic growth in EMEA and the Americas
o Digital business contribution to total revenue less cost of sales reached 46.1% (FY2017: 43.2%), including 23.9% in Japan (FY2017: 22.2%), and 60.6% at Dentsu Aegis Network (FY2017: 57.9%).
o International business contribution to total revenue less cost of sales reached 60.4% (FY2017: 58.8%).
• Group underlying operating profit was 153.2 billion yen (FY2017: 163.9 billion yen).
o 80.2 billion yen in Japan (FY2017: 88.8 billion yen), and 72.9 billion yen at Dentsu Aegis Network (FY2017: 75.1 billion yen).
• Group underlying operating margin was 16.4% (FY2017: 18.7%).
o 21.7% in Japan (FY2017: 24.5%), and 12.9% at Dentsu Aegis Network (FY2017: 14.6%).
o The decline in Japan was mainly due to planned SG&A costs related to the working environment reforms. At Dentsu Aegis Network, the operating margin was lower year on year due to planned investments in global platforms and systems.
o The Dentsu Group margin for FY2018 beat the revised forecasts announced on August 9, 2018, mainly due to lower than expected costs in the Japan business.