Dentsu Aegis Network Postpones Releasing Q1 Figures Due To The Impact Of COVID-19

Dentsu Aegis Network Postpones Releasing Q1 Figures Due To The Impact Of COVID-19

Dentsu Aegis Network (DAN) has announced it is postponing the release of its first-quarter earnings results because of the turmoil created by the global pandemic.

The Tokyo-headquartered holding company said the spread of CV-19 has caused delays in some of the company’s accounting procedures.

DAN boasts well in excess of 1000 separate companies across the globe and had touted that it would release first-quarter results in mid-May.

The company has not advised of an alternative date for the release of the numbers. Dentsu has withdrawn full-year earnings guidance for the time being.

Most of the major holding groups will have reported first-quarter results by the end of this week when Omnicom and WPP are scheduled to report. Both IPG and Publicis Groupe reported earlier this month.

 




Please login with linkedin to comment

Dentsu Aegis Network

Latest News

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]