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M&C Saatchi plc (SAA.L)
- Simply Wall St.
UK Growth Companies With High Insider Ownership To Watch In May 2024
As global markets exhibit signs of buoyancy, with the FTSE 100 poised for an uptick in alignment with positive trends from Asia and robust corporate performances in the US, investors are closely monitoring various sectors for potential growth opportunities. In this context, UK growth companies with high insider ownership stand out as particularly noteworthy, as such ownership can signal confidence in the company's future prospects amidst current economic conditions.
- Yahoo Finance UK
Trending tickers: Tesco, TSMC, Gold, M&C Saatchi
The latest investor updates on stocks that are trending on Wednesday.
- Reuters
M&C Saatchi expects 2024 profit to meet forecasts
The advertising industry has been grappling with significant cutbacks by tech clients on marketing, while new business wins have been at a slower pace amid cautious customer spending in an uncertain economic environment. Saatchi, which named Channel 4's Zaid Al-Qassab as its new CEO earlier this year, has divested some of its businesses to help improve margins and drive profits, with the most recent being its shareholding in its three French associate investments and M&C Saatchi South Africa Group.
