Ogilvy & Mather Group, the holding company for Ogilvy, Wilson Hartnell PR, neo@ogilvy and Ogilvy One, notched up a pre-tax profit of €1.48m last year according to the company’s accounts.
The profit was achieved on a turnover of €23.70m in the year to the end of December 2012. While turnover was up slightly from €23.40m in 2011, the group’s operating profit slipped back slightly from €2.19m in 2012 to €1.59m.
The company, which employed 113 staff at the end of 2012 and is headed up by JP Donnelly also managed to pay a €5.2m dividend to its parent company WPP during the year. The accounts also note that the company’s balance sheet strength is in rude good health and although shareholders funds were down from an all-time high of €14.8m in 2011, they weighed in at a very healthy €9.2m at the end of 2012.
Clients of the group include the likes of Ulster Bank, Guinness, ISPCC, UCD, Heinz, Jacobs, Smirnoff, Lucozade and Captain Morgan.