Shares

349.00p

16:35 19 October 2018

+4.00p  +1.16%

7.21p

Total Dividend for 2015

1.61

13 Nov 2015

5.60

8 July 2016

£301.5M

16:35 19 October 2018

2017 Numbers

251.48 +11.6%
Revenue 2017 £m

27.66 +16.31%
HPBT £m

2017 Numbers
  UK Europe Middle East & Africa Asia & Australasia Americas Group
Revenue £m 94.01 33.49 14.65 64.70 45.99 251.48
Revenue compared to 2016 6.2% 25.5% 25.5% 23.2% (3.0)% 11.6%
Headline Profit Before Tax £m 10.52 5.05 1.58 7.79 2.71 27.66
Average Employees 783 368 314 708 310 2,483

Offices

  • Abu Dhabi MC Saatchi
  • Bangkok MC Saatchi,World Services
  • Beirut MC Saatchi
  • Berlin MC Saatchi,Sport and Entertainment
  • Cape Town MC Saatchi,Mobile
  • Chicago Lida
  • Dubai MC Saatchi
  • Geneva MC Saatchi
  • Hong Kong MC Saatchi,RE
  • Islamabad World Services
  • Istanbul MC Saatchi
  • Johannesburg MC Saatchi
  • Kuala Lumpur MC Saatchi
  • London Arts,Blue 449,Human Digital,Clear Ideas,Lida,MC Saatchi,Send Me A Sample,MC Saatchi PR,Merlin,Mobile,RE,Shop,Sport and Entertainment,Talk PR,The Source,World Services
  • Los Angeles MC Saatchi,Mobile
  • Madrid MC Saatchi,MC Saatchi PR
  • Melbourne MC Saatchi
  • Mexico City MC Saatchi
  • Milan MC Saatchi,MC Saatchi PR
  • Moscow MC Saatchi
  • New Delhi MC Saatchi,Mobile
  • New York Clear Ideas,Lida,MC Saatchi,MC Saatchi PR,MCD,Mobile,Sport and Entertainment,SSK
  • Paris FCINQ,Little Stories,MC Saatchi,MC Saatchi PR
  • San Francisco Mobile
  • Sao Paulo FQ Brasil,MC Saatchi
  • Shanghai MC Saatchi
  • Singapore Clear Ideas,MC Saatchi,Mobile
  • Stockholm Lida,MC Saatchi
  • Sydney Lida,MC Saatchi,Mobile,RE,Sport and Entertainment
  • Tel Aviv MC Saatchi
  • Tokyo MC Saatchi

Businesses

  • Arts London
  • Blue 449 London
  • Human Digital London
  • Clear London,New York,Singapore
  • FCINQ Paris
  • F&Q Brasil Sao Paulo
  • Lida London,Stockholm,Sydney,New York,Chicago
  • Little Stories PR Paris
  • M&C Saatchi Abu Dhabi,Beirut,Berlin,Cape Town,Geneva,Hong Kong,Johannesburg,Kuala Lumpur,London,Los Angeles,Madrid,Melbourne,Milan,Moscow,New Delhi,New York,Paris,Sao Paulo,Shanghai,Singapore,Stockholm,Sydney,Tokyo,Istanbul,Tel Aviv,Dubai,Bangkok,Mexico City
  • MCD New York
  • Send Me A Sample London
  • M&C Saatchi PR London,New York,Madrid,Milan,Paris
  • Merlin London
  • Mobile London,New York,Singapore,Sydney,Los Angeles,Cape Town,San Francisco,New Delhi
  • RE Sydney,Hong Kong,London
  • Shop London
  • Sport & Entertainment London,New York,Sydney,Berlin
  • SS+K New York
  • Talk PR London
  • The Source London
  • World Services London,Bangkok,Islamabad

Reports & Results

Board

  • Jeremy Sinclair

    Chairman

    Jeremy Sinclair is a founding director of M&C Saatchi. He was one of the founders of Saatchi & Saatchi in 1970, became chairman of the UK agency in 1982 and was appointed chairman of Saatchi and Saatchi International in 1986. He later became executive creative director of Saatchi & Saatchi Advertising Worldwide and Chairman of Saatchi & Saatchi plc.

  • David Kershaw

    Chief Executive

    David Kershaw is a founding director of M&C Saatchi. He joined Saatchi & Saatchi in 1982 after obtaining an MBA at London Business School. He became managing director in 1990 and was made chairman and chief executive of the UK agency in 1994.

  • Bill Muirhead

    Executive Director

    Bill Muirhead is a founding director of M&C Saatchi. In 1971 he was one of the first account handlers at Saatchi & Saatchi. He became Group account director and was subsequently appointed chairman of Saatchi & Saatchi Europe with additional responsibility for the London agency. In February 1994 he moved to New York as chief executive and president of Saatchi & Saatchi Advertising Worldwide.

  • Maurice Saatchi

    Executive Director

    Maurice Saatchi is a founding director of M&C Saatchi. He founded Saatchi & Saatchi in 1970 and became its chairman in 1980. He received a life peerage in 1996.

  • Jamie Hewitt

    Finance Director

    Jamie Hewitt joined M&C Saatchi as UK Group Finance Director just as they floated in June 2004. He was promoted to M&C Saatchi plc Group Finance Director in March 2010. He qualified with KPMG and has extensive experience of working with large advertising marketing groups which include Havas, Dentsu and Interpublic’s McCann Erickson.

  • Jonathan Goldstein

    Non-Executive Director

    Jonathan Goldstein is the senior independent non-executive director at M&C Saatchi. Jonathan is the Founder and Chief Executive Officer of Cain International, a real estate investment company with a portfolio spanning the UK, the US and the Europe. He was previously Deputy Chief Executive at Heron International and until 2007 was the managing partner of Olswang, a position he held for nine years.

  • Lorna Tilbian

    Non-Executive Director

    Lorna Tilbian is an independent non-executive director at M&C Saatchi. She was an executive director and Head of the Media Sector in Corporate Broking & Advisory at Numis Corporation PLC until September 2017. She has a distinguished career as a top media analyst and more recently as an investment adviser to the media sector. Lorna is a Non-Executive Director of Jupiter UK Growth Investment Trust plc, Proven VCT plc, Finsbury Growth & Income Trust PLC, Euromoney Institutional Investor PLC, and Rightmove plc.

  • Michael Dobbs

    Non-Executive Director

    Lord Dobbs is Britain's best-known political novelist and the author of the House of Cards. He is an active member of the House of Lords. He was Special Advisor to Margaret Thatcher and following a period at Saatchi & Saatchi, returned to the Conservative Party as her Chief-of-Staff and then became Deputy Chairman under John Major. He has also been a current affairs presenter for the BBC, and a columnist for both the Mail on Sunday and the Daily Express. He has a doctorate in nuclear defence studies.

  • Michael Peat

    Non-Executive Director

    Sir Michael Peat is an independent non-executive director at M&C Saatchi. He was a partner at KPMG from 1985 to 1993 before joining the Royal Household. Positions held in the Household included Director of Finance and Property Services, Keeper of the Privy Purse and Treasurer to The Queen, Receiver General of The Duchy of Lancaster, Principal Private Secretary to The Prince of Wales and Duchess of Cornwall and chairman of The Prince's Charities Foundation. He retired from the Royal Household in 2011. Sir Michael Peat is a director of CQS and an independent non-executive on the Boards of Deloitte LLP and Evraz Plc.

Governance

History

M&C Saatchi was formed in January 1995 by Jeremy Sinclair (Chairman), Bill Muirhead, David Kershaw (Chief Executive) and the brothers Maurice and Charles Saatchi.

What we do

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.

The strategy is carried out by our 2,483 staff, employed in over eighty business units run by local entrepreneurs who are regularly in touch with their local stakeholders and head office.

Corporate governance

The M&C Saatchi plc Board comprises five Executive and four Non-Executive Directors. The Board manages the Group's affairs according to the schedule of matters reserved for its approval, including the financial statements, acquisitions and disposals, authority levels for expenditure, and reviews of monthly and other management reports.

The Chief Executive and Finance Director regularly meet shareholders and their representatives. The whole board is available to shareholders at the AGM.

M&C Saatchi plc follows the 2018 UK Corporate Governance Code corporate governance code. The Board regularly reviews the Groups Governance structure and disclosures, making changes and improvements where necessary (last review 18 September 2018).

M&C Saatchi plc is registered and operates in England and Wales, registration number 05114893.

Audit Committee

Since the 14 July 2004 float, the Group has operated with an Audit Committee, whose terms of reference cover the points recommended by the Code. The Committee comprises the four Non-Executive Directors, Michael Dobbs, Jonathan Goldstein, Lorna Tilbian and Michael Peat (Committee Chairman); and is attended by Finance Director Jamie Hewitt and the auditors as appropriate. Details of committee’s remit and work it has performed in year can be found in latest Annual Report.

In view of the size of the Group, the Nominations Committee is only formed when needed, otherwise the role is fulfilled by the board.

Remuneration Committee

The Group has a Remuneration Committee, composed of two Non-Executive Directors Jonathan Goldstein (Committee Chairman) and Michael Dobbs. Details of committee’s remit and work it has performed in year can be found in latest Annual Report.

Downloads

Investors

Major Shareholders

Major Shareholders
Shareholders Number of shares % of issued equity
Octopus Investments Nominees Limited 10,536,798
12.45%
Paradice Investment Management 9,177,257 10.45%
Aviva plc and subsidiaries 4,780,768
5.68%
Invesco Perpetual
4,558,954 5.39%
Directors    
David Kershaw 4,127,060 4.88%
Bill Muirhead 4,127,060
4.88%
Maurice Saatchi 4,127,060
4.88%
Jeremy Sinclair 4,127,060 4.88%
Jamie Hewitt 54,451 0.06%
Michael Dobbs 4,850 0.01%
Totals    
Shares held by Directors of M&C Saatchi plc 16,567,541 19.59%
Shares held by Subsidiary Directors 931,752
1.10%
Shares held by >5% Shareholders 29,053,777 33.94%
Total — Shares not in public hands 46,553,070 54.63%

Capital history

Capital history
Date Share increase / (decrease) Issued Shares Less Treasury Stock Outstanding Shares Event
01/01/2018   81,332,802 -700,000 80,632,802  
01/02/2018 72,590
81,405,392
-700,000

80,705,392 Acquisition of equity in a Swedish subsidiary
05/03/2018
1,309,092 82,714,484
-700,000  82,014,484
Acquisition of equity in an UK subsidiary
 

Dividend information

Dividend information
Announcement date Payment date Per share Year related to Total dividend for year
20 March 2014 4 July 2014 4.24p 2013 5.45p
11 September 2014  14 November 2014  1.40p  2014  
26 March 2015  10 July 2015 4.87p  2014 6.27p
10 September 2015  13 November 2015  1.61p  2015   
18 March 2016  8 July 2016  5.60p  2015  7.21p
22 September 2016

11 November 2017

1.85p

2016

 
16 March 2017

7 July 2017

6.44p 2016 8.29p
25 September 2017

10 November 2017

2.13p 2017

 
22 March 2018  6 July 2018    2017   




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Contact

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+44 (0) 20 7543 4500