Interim revenues and profits are slightly ahead and the dividend is in-line. Revenues rose 6% driven by Strategic Marketing (total growth 37% with organic component of 16%). The SM unit is St Ives key driver and is powering ahead and slightly beat our recently increased forecasts. It contributed 56% of group operating profit in H1. Its international client activity now makes up 40% of revenues showing that it is now on track to becoming a fully-fledged international marketing services agency. Th ....
08 Mar 2016
Interims – 16% organic growth from strategic marketing
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Interims – 16% organic growth from strategic marketing
Kin and Carta Plc (KCT:LON) | 128 0 0.0% | Mkt Cap: 228.6m
- Published:
08 Mar 2016 -
Author:
Johnathan Barrett -
Pages:
4
Interim revenues and profits are slightly ahead and the dividend is in-line. Revenues rose 6% driven by Strategic Marketing (total growth 37% with organic component of 16%). The SM unit is St Ives key driver and is powering ahead and slightly beat our recently increased forecasts. It contributed 56% of group operating profit in H1. Its international client activity now makes up 40% of revenues showing that it is now on track to becoming a fully-fledged international marketing services agency. Th ....