Financial Results
Preliminary Results
12 March 2002
Results for the year ended 31 December 2001
Aegis Group plc is a media and market research group employing approximately 7,000 staff in 60 countries. The Group comprises two main businesses: Carat, which is the world’s largest independent media communications company, and Aegis Research, a leading international market research network.
Strong organic revenue growth despite challenging market
- Carat net new business wins total $1.7 billion
- Aegis Research revenues rose by 21.4% to £185.1 million
- Turnover up 6.7% to £6,095.7 million (2000: £5,712.5 million)
- Revenue up 11.8% to £529.0 million (2000: £473.0 million)
- Gross margin improved to 7.0% (2000: 6.7%)
- Underlying PBT £63.3 million (2000: £78.4 million) before exceptional items of £18.6 million of which £10.1 million relates to Argentina
- EBITDA £87.0 million before exceptional items (2000: £96.3 million)
- Underlying diluted EPS 3.8p (2000: 4.9p)
- Strong operating cash flow at £66.3 million (2000: £96.2 million) 102% of underlying operating profit
- Full year dividend 1.20p (2000: 1.15p)