Omnicom saw modest profit and PR segment gains in the first quarter of 2015, while revenue slipped nearly 1% to just under $3.5B.
PR units like FleishmanHillard and Ketchum posted 1.7% growth in Q1 to $330.9M, a 3.1% organic rise for the period. Advertising ticked up 0.9% to $1.7B (+7.7% organically), and CRM fell 5% to $1.2B (+2.6% organically).
Net income rose 1.8% for the period to $209.1M.
International revenues swing Omnicom negative for the quarter as a 7.3% decline to $1.5B globally diluted a 4.6% gain to nearly $2B in the U.S.
OMC said debt minus cash and investments sits at $3B. It shelled out $27.7M for acquisitions during the first quarter, including digital shop TLGG and web services firm Trakken in Germany, and a controlling interest in Mercury New Jersey.
The Q1 results beat EPS estimates by $0.04.
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