Kirch's return on sales falls amid ad-revenue slowdown

Article Abstract:

Kirch Media GmbH and Company KGaA is finding itself affected by the now-deflated Neuer Markt boom and a falloff in advertising revenue. The firm's officials are trying to remain positive, however, and are discussing growth and an eventual IPO.

Germany, Agency Financial Data, KirchMedia GmbH und Company KGAA

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Havas acquires media broker BLM

Article Abstract:

French advertising firm Havas S.A. has purchased UK media buying service BLM Holdings Ltd. The terms of the deal were not disclosed. Approximately one-fifth of the $2.21 bil annual revenue for Havas is derived from media buying.

Acquisitions & mergers, Advertising agencies, Agencies, Mergers, acquisitions and divestments, France, Company acquisition/merger, Havas S.A., BLM Holdings Ltd.

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First-half net fell on launch of Vizeum unit, restructuring

Article Abstract:

Aegis Group PLC posted a decline of 61% in its net profits for the 2003 first half. The company was hurt by restructuring and by the launch of its Vizeum operations.

United Kingdom, Company sales and earnings, Company earnings/profit, Aegis Group PLC

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