Shares

359.00p

16:35 23 September 2016

-4.50p  -1.24%

7.21p

Total Dividend for 2015

1.61

13 Nov 2015

5.60

8 July 2016

£262M

16:35 23 September 2016

2015 Numbers

178.93 +5.6%
Revenue 2015 £m

20.12 +17.38%
HPBT £m

2015 Numbers
  UK Europe Middle East & Africa Asia & Australasia Americas Group
Revenue £m 84.16 22.75 8.55 42.10 21.37 178.93
Revenue compared to 2014 6.3% 7.8% 6.8% (4.7)% 26.0% 5.6%
Headline Profit Before Tax £m 7.10 3.55 1.03 4.27 4.17 20.12
Average Employees 789 298 227 532 240 2,086

Offices

  • Abu Dhabi MC Saatchi
  • Bangkok 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
  • Islamabad World Services
  • Istanbul MC Saatchi
  • Johannesburg MC Saatchi
  • Kuala Lumpur MC Saatchi
  • London Arts,Blue 449,Human Digital,Clear Ideas,Lida,MC Saatchi,MC Saatchi PR,Merlin,Mobile,Shop,Sport and Entertainment,Talk PR,The Source,World Services
  • Los Angeles MC Saatchi,Mobile
  • Madrid MC Saatchi,MC Saatchi PR
  • Melbourne MC Saatchi
  • Milan MC Saatchi,MC Saatchi PR
  • Moscow MC Saatchi
  • New Delhi MC Saatchi
  • New York Clear Ideas,Lida,MC Saatchi,MC Saatchi PR,Mobile,Sport and Entertainment
  • Paris Direct One,FCINQ,Little Stories,MC Saatchi
  • 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
  • Direct One Paris
  • FCINQ Paris
  • F&Q Brasil Sao Paulo
  • Lida London,Stockholm,Sydney,New York,Chicago
  • Little Stories 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
  • M&C Saatchi PR London,New York,Madrid,Milan
  • Merlin London
  • Mobile London,New York,Singapore,Sydney,Los Angeles,Cape Town,San Francisco
  • RE Sydney
  • Shop London
  • Sport & Entertainment London,New York,Sydney,Berlin
  • 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 heads up European Real Estate and Direct Investment at Guggenheim Partners as Senior Managing Director. Previously, he was Deputy Chief Executive at Heron International. Until 2007 he spent nine years as Chief Executive of Olswang.

  • 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.

Corporate governance

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

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 three Non-Executive Directors, Michael Dobbs, Jonathan Goldstein and Michael Peat (Committee Chairman); and is attended by Finance Director Jamie Hewitt and the auditors as appropriate.

Remuneration Committee

The Group has a Remuneration Committee, composed of two Non-Executive Directors Jonathan Goldstein (Committee Chairman) and Michael Dobbs. Its report can be found in the latest Annual Report. In view of the size of the Group, there is no Nominations Committee.

Downloads

Investors

Major Shareholders

Major Shareholders
Shareholders Number of shares % of issued equity
Paradice Investment Management 9,293,965

12.73%
Octopus Investments Nominees Limited 6,150,012 8.43%
Aviva plc and subsidiaries

5,729,045

7.85%

Herald Investment Trust plc

3,936,433

5.39%

Directors    
David Kershaw 4,127,060 5.65%
Bill Muirhead 4,127,060

5.65%

Maurice Saatchi 4,127,060

5.65%

Jeremy Sinclair 4,127,060

5.65%

Jamie Hewitt 54,451 0.07%
Michael Dobbs 4,850 0.01%
Totals    
Shares held by Directors of M&C Saatchi plc 16,567,541 22.68%
Shares held by Subsidiary Directors 2,535,562 3.47%
Shares held by >5% Shareholders 24,714,917 34.40%
Total — Shares not in public hands 43,818,020 60.55%

Capital history

Capital history
Date Share increase / (decrease) Issued Shares Less Treasury Stock Outstanding Shares Event
01/01/2014   69,038,993 -700,000 68,338,993  
23/01/2014 (6,336,800) 62,701,193 -700,000 62,001,193 Tender offer at 335p per share
15/04/2014 128,495 62,829,688 -700,000 62,129,688 Options fulfilled
01/05/2014 2,030,131 64,859,819 -700,000 64,159,819 20% of M&C Saatchi Mobile Ltd acquired
27/05/2014 55,380 64,915,199 -700,000 64,215,199 Options fulfilled
15/07/2014 2,398,932 67,314,131 -700,000 66,614,131 20% of M&C Saatchi (Pty) Ltd acquired
5/09/2014     641,492 67,955,623  -700,000 67,255,623  M&C Saatchi (UK) Ltd shares purchased 
02/10/2014 423,006  68,378,629  -700,000 67,678,629 Remaining shares in M&C Saatchi GAD SAS acquired
01/01/2015 68,378,629 -700,000 67,678,629  
23/01/2015 3,001,633 71,380,262 -700,000 70,680,262 Options fulfilled
07/05/2015  1,019,267 

72,399,529  -700,000  71,699,529

10% M&C Saatchi Mobile Ltd acquired 

05/06/2015 55,379  72,454,908  -700,000 

71,754,908 Options fulfilled

07/05/2015  192,289 72,647,197  -700,000  71,947,197  4.9% M&C Saatchi Mobile LLP (USA) acquired 
29/12/2015

67,822 

72,715,019  -700,000  72,015,019 

Minor acquisitions 
31/12/2015   72,715,019  -700,000

72,015,019

 
01/04/2016 335,976  73,050,995 -700,000

72,350,995  16% of Italian Subsidiary
22/04/2016 442,340  73,493,335  -700,000

72,793,335  4% of Italian Subsidiary

and UK subsidiaries  
09/05/2016  31,591 73,524,926  -700,000  72,824,926  Minor acquisitions in US
27/05/2016  106,845  73,631,771  -700,000  72,931,711  5% of German Subsidiary 
25/08/2016 48,967 73,680,738 -700,000

72,980,738 Minor acquisitions in Germany

 

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

News

Contact

36 Golden square
London W1F 9EE

+44 (0) 20 7543 4500