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M&C Saatchi makes strong start to 2017

PR and advertising outfit M&C Saatchi (SAA:AIM), currently trading at 350p, is continuing the strong momentum seen last year. On 16 March 2017 the company reported revenue ahead of consensus up 26% to £225.3m for 2016 with the net cash position at £3.6m. The company says the new financial year has started well and expresses its confidence for 2017 and beyond.