St Ives considers ad-tech buyouts as part of acquisition road map as it reveals 17% pre-tax profit hike to £29.4m
St Ives Group, which owns agency Amaze, has reported a 17 per cent year on year pre-tax profit hike to £29.4m and revealed that further acquisitions lie ahead.
The group, which bought digital marketing and technology agency Amaze last year for £24.3m along with marketing service companies Hive Healthcare and Realise Digital, has seen revenue across the group rise 3 per cent year on year to £327.6m.
The Net debt accrued following the buyouts and cash outflow of £42.7m cash outflow, was £42.7m for the 52 weeks ending 1 August 2014.
Marketing services now account for nearly half (46 per cent) Read full story ›
Source: The Drum
