 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.
Omnicom CEO John Wren reports Q1 revenues jumped 5.4 percent to $3.6M, powered by a solid 7.0 percent rise in its advertising & media segment.
Public Policy Holding Company registered 24.1 percent growth to a record $135M during the past year, which included the results of the March 1 acquisition of Multistate Assocs.
Stagwell CEO Mark Penn reported Q4 net revenues dipped 5.6 percent to $551.1M during a “challenging year for marketing services and digital transformation.”
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WPP reported Q4 revenues inched ahead 0.3 percent to $4.1B as CEO Mark Read wrapped up a year that he said was more challenging than expected due to cutbacks, mainly by technology clients.
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