By Kevin McCauley
Omnicom Group today reported a 23.6 percent surge in first-quarter net to $201.9M on a 7.9 percent rise in revenues to $3.2B.
PR operations (Fleishman-Hillard, Ketchum, Porter Novelli and Kreab Gavin Anderson) inched ahead by 3.9 percent, trailing the 7.8 increase of OMC’s advertising unit, 8.8 percent jump in specialty operations and 8.9 percent advance of the CRM group.
Organic PR growth rose 1.9 percent.
OMC CEO John Wren shelled out $224M in acquisitions during the period.
Those additions include Voce Communications, Communispace (consumer research), Clemenger Group (Australia), Fanscape (social media) Saffirio Tortelli Vigoriti (Italy) and EJE (Puerto Rico).
|