Saatchi profits soar 30.6%; $500 mil in new billings in '98

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Saatchi & Saatchi, London, saw profits, before tax and exceptionals, rise 30.6% to $51 million in 1998, as ongoing revenue increased 5.9% to $602.6 million. The agency group said it had net new billings of $500 million in '98, and has started '99 by winning an additional $200 million.

Copyright March 1999, Crain Communications Inc.

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