Aegis Media reports 8% revenue growth for first quarter of 2012
Aegis Media Group, which owns Carat, Posterscope and Vizeum, has posted 8% growth during its first quarter, driven what it describes as ‘strong momentum’ across its network.
The group saw a 20.3% rise of organic revenue in the Americas, with the performance of its digital business in Brazil and new business picked up over the last two years in North America, being underlined.
Meanwhile, the company’s presence within Asia Pacific generated organic revenue growth of 12.5%, with its performance in China being described as ‘excellent’.
Less successful, but still achieving growth, was in the EMEA region, which the company recorded a 1.7% rise on last year, with ‘good performances’ from business in Russia and northern Europe, although southern Europe was described as continuing to bea ‘challenging’ marketplace.
In EMEA, organic revenue growth of +1.7% was against prior year comparatives of near double digit growth. There were good performances from our businesses in Russia and northern Europe, whilst southern Europe continued to face challenging market conditions.
The company added that it was confident that ‘continued momentum’ experienced during the last year-and-a-half, would continue for the rest of 2012.
Jerry Buhlmann, CEO of Aegis Group plc, said: “In the first quarter of 2012, which was our first full quarter as a focused media and digital communications specialist, Aegis delivered excellent organic revenue growth, particularly in the face of a sector-leading top line performance in the prior year period. All of our network brands performed well across our key regions, highlighting the continued positive momentum in our business.
“Our unique operating model and focus as a scaled media and digital communications specialist, fully aligned to the requirements of our clients in a rapidly-changing media environment, ensures that Aegis remains very well positioned for continuing success.”
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