- S4 Capital, the new age/new era digital advertising and marketing services company, reported continued trading progress in line with expectations year-to-date to the end of November.

Euro reportable revenues were up almost 46%, gross profit up almost 40% and operating EBITDA at the MediaMonks level up almost 118%.

Like-for-like revenues were up over 51%, with gross profit up over 44%. Operating EBITDA at the MediaMonks level was up over 111%.

The company said that 'prestigious' digital content assignments from two major global package goods companies were secured just before Christmas, which will impact next year, adding that they 'indicate the increasing market relevance of S4 Capital's "faster, better, cheaper" digital offer in an always-on environment'.

The merger with MightyHive was completed on Christmas Eve and three-year plans and budgets for next year are already in preparation.

The company will report results for the twelve months ending 31 December 2018 in early March 2019.

Martin Sorrell, executive chairman of S4 Capital said: 'Momentum continues at MediaMonks and now at MightyHive, and we are already making progress in bringing MediaMonks and MightyHive together to provide a differentiated digital content, data and programmatic offer for clients and investors. We look forward to updating the market in early March 2019.'

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