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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 2017 923 B
EBIT 2017 -
Net income 2017 84 123 M
Debt 2017 59 533 M
Yield 2017 1,74%
P/E ratio 2017 17,24
P/E ratio 2018 16,11
EV / Sales 2017 1,66x
EV / Sales 2018 1,50x
Capitalization 1 474 B
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 5 708  JPY
Spread / Average Target 12%
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Managers
NameTitle
Toshihiro Yamamoto President & Chief Executive Officer
Tadashi Ishii Chairman
Shoichi Nakamoto CFO, Representative Director & EVP
Timothy P. Andree Director & Executive Vice President
Kenichi Kato Director & Auditor
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