M&C Saatchi Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

M&C Saatchi (LON:SAA) Full Year 2024 Results

Key Financial Results

• Revenue: UK£395.4m (down 13% from FY 2023).
• Net income: UK£11.7m (up from UK£3.53m loss in FY 2023).
• Profit margin: 3.0% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: UK£0.096 (up from UK£0.029 loss in FY 2023).

The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.

All figures shown in the chart above are for the trailing 12 month (TTM) period

M&C Saatchi EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 9.3%.

Looking ahead, revenue is expected to decline by 16% p.a. on average during the next 3 years, while revenues in the Media industry in the United Kingdom are expected to grow by 1.7%.

Performance of the British Media industry.

The company's shares are down 3.2% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on M&C Saatchi's balance sheet health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.