CONTRASTING fortunes for some of the country's advertising agencies, judging by accounts published in the latest Private Research.

McCann Erickson, part of the Interpublic ads group in the US, notched up a respectable £163,000 profit in 1994, a fourfold increase on the previous year.

In the year to April 1995, however, Peter Owens Advertising had profits of less than £39,000 down from a very respectable £407,000 the previous year.