| Business Summary | | Cordiant
Communications
Group
is
a
global
marketing
communications
group
comprised
of
Bates
Worldwide,
an
advertising
and
marketing
communications
network,
Scholz
&
Friends,
a
multinational
advertising
network
in
Germany,
HP:ICM,
event
conference
and
exhibition
managers,
an
80%
shareholding
in
Diamond
Ad
Ltd,
Korea's
second
largest
advertising
agency,
a
30%
shareholding
in
The
Facilities
Group,
a
pre-production
agency,
and
a
50%
shareholding
in
Zenith
Media
Worldwide,
a
global
specialist
media
services
and
planning
agency.
CCG
has
been
developing
a
number
of
its
marketing
services
as
separately
branded
operations.
These
businesses
have
potential
higher
margins
and
faster
revenue
growth
and
the
Company
expects
them
to
enhance
the
network's
ability
to
generate
global
client
accounts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CCG
is
a
global
creative
communications
groups
with
over
169
offices
in
70
countries.
The
Company
owns
Bates
Worldwide,
Scholz
and
Friends,
HP:ICM,
and
a
50%
holding
in
Zenith
Media
Worldwide
and
a
30%
holding
in
The
Facilities
Group.
For
the
fiscal
year
ended
12/00,
revenues
rose
40%
to
L2.34
billion.
Net
income
under
U.S.
GAAP
totaled
L3.1
million
vs.
a
loss
of
L6.3
million.
Results
reflect
strong
new
business
performance
and
acquisitions,
and
an
improvement
in
operating
profit. Recent Earnings Announcement For
the
6
months
ended
06/30/2001,
after
tax
earnings
were
13,100. (Preliminary; reported in thousands of British Pounds.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Charles Scott, 51 | Chairman | Michael Bungey, 60 | Director
and CEO | Jean De Yturbe, 53 | Group
Pres for Bates Worldwide, Director | William Whitehead, 54 | Group
Pres for Bates Worldwide, Director | Peter Schoning, 54 | Director;
Chairman and CEO, Scholz & Friends |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|