The UK ad agency says like-for-like reported revenue soared 35% to $169.4 million

Sir Martin Sorrell
S4 Capital chief Sir Martin Sorrell

By Stephen Lepitak

26 mins ago

S4 Capital announced it will merge with Brazilian digital performance agency Raccoon Group and reported like-for-like revenue growth of 35% to $169.3 million in the first quarter, while gross profit rose 33% to $144.4 million.