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
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