Ogilvy & Mather takes stake in DTDigital in Australia

18 January, 2012


WPP announces that its wholly owned operating company, Ogilvy, the global marketing communications group, has acquired a 33.33% stake in the capital of DTDigital Pty Limited ("DTDigital"), a leading digital marketing firm in Australia.

Founded in 1996, DTDigital employs more than 110 people. Headquartered in Melbourne and with offices in Sydney and Brisbane, DTDigital combines world-class strategic and creative thinking with best-practice digital execution. Clients include Bunnings, Honda, Myer and NAB.

DTDigital’s unaudited gross revenues as at 31 December 2011 were approximately A$14.38 million with total assets as at the same date of A$4.76 million.

This investment reflects the Group’s commitment to grow its digital assets and to support this growth with a strong independent technology capability. Based on consensus analysts’ forecast for 2011, WPP’s digital revenues will total over $4.5 billion and almost 30% of its projected $16 billion revenue. WPP has set a target of 35-40% of revenue derived from digital in the next five years.


Contact
Feona McEwan, WPP
+44 (0)207 408 2204



Acrobat Document wpp_pressrelease_dtdigital_jan12_guid3231a6733c174.pdf


Tools Print page E-mail page Press Releases Reading Room Get Acrobat Reader

WPP At a glance 2013

WPP At a glance 2013
WPP Sustainability Report 2012/2013

WPP Sustainability  Report 2012/2013
WPP Interim Report 2011

WPP Interim Report 2011