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4-Traders Homepage  >  Equities  >  Tokyo  >  Dentsu Inc    4324   JP3551520004

DENTSU INC (4324)
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Dentsu : AB InBev Africa appoints Dentsu Aegis

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10/05/2017 | 03:07am CEST

AB InBev Africa has appointed Dentsu Aegis as its media planning and buying agency for its Africa business...

(c) Lukyanov Vladislav - 123RF.com
The African division will be transitioning from Initiative Media to Dentsu Aegis, a decision that was based on strategic and commercial criteria.

AB InBev Africa Marketing Vice President Andrea Quaye said: “We have had a fruitful nine year relationship with Initiative Media and would like to thank them for their custodianship, hard work and partnership over this period.

Andrea Quaye
“We are looking forward to working with Dentsu to build a Pan African relationship across the Continent, given their capabilities and passion for our business and our brands. We are pleased to have Dentsu as a strategic partner to help us evolve our media buying strategy and implement a focused data driven approach.”

To avoid disruption the company will be working on this transition through the remainder of the year with the new agency on board by 1 January 2018.

(c) All rights reserved. 2017. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2018 997 B
EBIT 2018 -
Net income 2018 74 711 M
Debt 2018 183 B
Yield 2018 1,76%
P/E ratio 2018 19,08
P/E ratio 2019 16,42
EV / Sales 2018 1,67x
EV / Sales 2019 1,50x
Capitalization 1 480 B
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Number of Analysts 14
Average target price 5 724  JPY
Spread / Average Target 12%
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Toshihiro Yamamoto President & Chief Executive Officer
Tadashi Ishii Chairman
Timothy P. Andree Director & Executive Vice President
Kunihiro Matsushima Director & Executive Officer
Yoshio Takada Representative Director
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