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TNMM

Captive business development services — FY 2023-25

A TNMM benchmarking study covering Eastern Europe, MENA, Türkiye and 7 more for FY 2023-25, based on 79 accepted comparables. Benchmark run Aug 2026.

Jurisdiction Eastern Europe, European Union (27), Iceland, MENA, Middle East, Norway, Switzerland, Türkiye, United Arab Emirates, United Kingdom
Method TNMM
Financial Year FY 2023-25
Industry 7311 - Advertising agencies
Profit level indicator Net cost plus (NCP) / Operating margin (OM)
Net cost plus (NCP) 6.32%
Operating margin (OM) 5.94%
Accepted comparables 79
Benchmark date Aug 2026
Report code DJ-02
Last updated September 2026
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