 Martin Sorrell |
Martin Sorrell’s S4 Capital posted a 44.6 percent rise in Q3 revenues to $33.1M and a 31.7 percent jump in gross profit to $23.1M.
The performance marked the first trading update since Sorrell restructured the Derriston corporate shell and recast it as S4 with Holland’s MediaMonks as its core property.
“We already see both a widening and deepening of the company’s client base, resulting in a strong performance for all three pillars at MediaMonks,” said Sorrell in a statement, referring to MM’s creative content & innovation, assets at scale, and platforms and e-commerce units.
The WPP founder reported, “strong growth” in the US (New York and Los Angeles) and the addition of a San Francisco outpost to service technology clients.
S4 completed work for Mondelez, PVH/Tommy Hilfiger, Instagram, Coty and Compass during the quarter. It also did work for Google, Amazon Prime Video, Samsung and Grupo Modelo.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
