Published: April 20, 2026 at 9:26 am
Profit before tax plunged 75% at advertising and marketing giant M&C Saatchi – which currently doesn’t have a CEO – in 2025.
The group reported PBT of £4.6 million for the calendar year, down from £18.1m in 2024.
Total net revenue was £210m, down 9.2%, with an operating profit of £10.2m (2024: £22.5m), driven by the closure of its Australian media buying business in September 2025 and one-off items including restructuring costs.
Zaid Al-Qassab, a former CMO at Channel 4, left ‘by mutual consent’ at the start of the month. He joined in 2024 to help stabilise the business and it has introduced cost savings.
Dame Heather Rabbatts moved from non-executive chair to executive chair on an interim basis while it seeks a successor. Tech powerhouse Vin Murria OBE, a substantial and long-term investor in the business both privately and through her company AdvancedAdvT, was appointed deputy chair. She has seen takeover approaches rebuffed in the past.