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KA-INVESTOR

  • Permalink for 'Scangroup Peek' Scangroup Peek
    Posted: April 16th, 2009, 11:10am EDT

    Scangroup Ltd. has announced its FY08 results indicating that:
    - PBT went up 24% to Ksh.437 mln;
    - revenue rose 21% to Ksh.1.4 bln;
    - Net asset/share increased by 60% courtesy of WPP investment;
    - EPS grew by 20% to Ksh.1.79
    - Free Cashflow up 98%

    I had the honour to listen to Lowe Scanad (K) Ltd.(a Kenyan ScanGroup subsidiary) MD, Sameet Ambegaonkar, delivered an invigorating presentation yesterday on strategy and tactic at the British Council – leadership forum. The guy has vast experience and knowledge (29 years in strategic planning for major FMGC firms that has seen him work with Amu – India, Tata, Coca cola –India n Kenya, EABL, Safaricom) in advertising.

    The Group, in a joint venture with Hill & Knowlton, has also launched a new public relations firm known as Hill & Knowlton East Africa. (51% Scangroup, 49% WPP – which still owns 27.5% in Scangroup)

    More scanned info @Grains of Masala