AD GIANT M&C Saatchi yesterday reported a near 10 per cent hike in revenue and 52 per cent rise in profit before tax from last year, despite the ongoing drama of its hostile takeover.

The London-listed firm spent £8.4m fending off takeover approaches by both Next Fifteen and Vin Murria's investment vehicle AdvancedAdvt.

"Results to be proud of under any circumstances", said chief Moray MacLennan "but particularly with the distraction of a hostile takeover."

(c) 2022 City A.M., source Newspaper