Aegis Group's pre-tax profits rise 41 per cent over first half

LONDON - Aegis Group, the owner of the Carat and Isobar networks, has posted a 41% year-on-year increase in pre-tax profits in the first six months of 2011 and reported a "good performance" across the UK brands.

by Maisie McCabe | 08/26/2011

Jerry Buhlmann: chief executive of Aegis Group plc

According to Aegis Group's 2011 interim results announcement, statutory profit before tax was uS$58 million in the six months to 30 June, 2011, up 40.7 per cent when compared to the first half of 2010.

Total group revenue for the first six months of 2011 was US$1.23 billion, up 14.1 per cent at reported rates and up 14.5 per cent in constant currency terms.

Group revenue from continuing operations was US$846 million, up 17.9 per cent at reported rates and 17.7 per cent at constant currency terms.