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S4 Capital, which is the holding company for the recently rebranded umbrella agency group of Media.Monks, intends to expand its services into technology—it has revealed—as it announced a six-month increase in gross profit of 49% while experiencing an acceleration in growth for the second quarter.
With like-for-like billings up by almost 82% to $756.5 million (547.5 million pounds), the group reported growth of 66% in gross profit during the second quarter. As a result, the company has also increased its guidance for a third time this year due to the growth in demand for digital marketing support, from 35% to 40% gross profit for the year.