Saatchi: Share Price and Adjustment

saatchi: Whilst it might be too early to say we've cracked it, it does seem that the strategy is proving itself, according to The Guardian. M&C Saatchi's share price at the time was 360p. Growth of profit, earnings and dividends. Now it is 79p, a level last seen in 2010, so yes, it was a tad premature to declare a great triumph. An adjustment of 11.6m to reflect accounting misstatements will be spread between the financial results for 2018 and 2019. Even Sinclair's boast about profits growth last year may need to be revisited in light of the ad firm's latest confessions. (news.financializer.com). As reported in the news.

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