MC Saatchi reports positive results for first half of 2013

Advertising agency M&C Saatchi announced strong results for the year up to June with a profit rise of 6 per cent to £9.3m. (Release)

Revenue was up 5 per cent at £87.1m with UK revenue up 8 per cent and like-for-like European revenues up 21 per cent.

The interim dividend increased by 10 per cent to 1.21p.

The company has continued to invest in new offices in Abu Dhabi, New York and Stockholm.

David Kershaw chief executive said he was confident that progress will continue to be made during 2013 and beyond.