Shares in advertising agency M&C Saatchi fell on Wednesday after the company reported a 10% drop in annual profits which it blamed on "challenging market dynamics", though it said it first-quarter trading had been encouraging.
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M&C Saatchi PLC on Wednesday reported a decline in profit, citing challenging market conditions for advertising, consultancy and media, as it aimed to simplify how to target its clients.
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M&C Saatchi profits slide as ad market continues to suffer thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.