Dentsu profit rises even as revenue slips
Japanese production and advertising agency Dentsu Inc said Monday its group net profit in the April-June quarter rose 23.1% to 1.9 billion yen, even as group revenue slipped 18.2% to to 381.1 billion yen.
Dentsu has agreed to buy British marketing group Aegis for £3.2bn in a bid to combine the Japanese firm's strong presence in Asia with the British group's footprint in Europe and digital services.