New business wins keep Aegis on track

Media communications network Aegis Group's strong trading in the first half of 2006 has helped it to perform in line with expectations throughout 2006, the agency said today.

The network, which includes media agencies Carat and Vizeum, posted a record first half for net new business, with account wins in the second half of the year including the £30m UK Alliance & Leicester business, plus the £400m General Motors and £15m Tommy Hilfiger pan-European briefs.
In a pre-close trading update, Aegis said the string of wins would help underpin a further year of good revenue growth in 2007.
Organic revenue growth has accelerated slightly since the first six months of the year, reflecting the increased second half weighting of its market research business Synovate.
Aegis said the UK arm was performing well in spite of softer market conditions, while Aegis Media EMEA continues to trade well, with a slight pick up in adspend in France and Germany.

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