Digital media giant Aegis, who recently acquired iSpy Marketing agency, has reported revenues of £596.8m in the first half of the year, up from £519m in 2011.

As reported by Media Week:
"Underlying operating profits rose 14.6% to £87m, but on a statutory basis after adjustments for factors such as amortisation and increased liabilities for earn-outs for acquisitions, pre-tax profits slipped.
New billings in the first half totalled $3.2 billion, helped by the headline-grabbing General Motors win.
Aegis beat rivals with second quarter organic revenue growth of 9%, ahead of Omnicom's 5.1%, Publicis Groupe's 1.6% and Interpublic's 0.8%. WPP is set to report its first half figures next week."

Aegis, currently in negotiations over a takeover by Japan's advertising colossus Dentsu (in a reported £3.2bn deal) and their chief executive Jerry Buhlmann were enthused by the shareholders positive response to the figures.

Buhlmann said: "During the period, Aegis continued to deliver its growth strategy, further increasing the revenue contribution from our sector-leading digital capabilities and from faster-growing regions and North America.

"This improved business mix, supplemented by targeted acquisitions, gives Aegis unrivalled ability and opportunity to deliver the integrated campaign our clients are seeking in the convergent media environment."