 Richard Eyre |
Next Fifteen Communications Group reported a 1.1 percent dip in PR revenues to $173.2.2M for the 12-month period ended Jan. 31, a year of restructuring that featured the merger of tech firms Text100 and Bite to form Archetype.
The UK-based firm's PR (brand marketing) group, which includes Archetype, Outcast, M Booth, Blueshirt and Publitek, showed a 0.1 percent uptick in organic growth.
Operating profit rose 7.7 percent to $38.4M.
Next 15's overall US business grew 1.7 percent to $150.7.9M and 2.8 percent organically. Operating profit dipped 5.1 percent to $22M.
Chairman Richard Eyre said "great progress" was made in the fiscal year as Next 15 "evolved from a pure PR group into a data and technology-driven marketing group."
He sees more change ahead as "the industry continues to evolve and as our customers wrestle with the impact technology is having on their own business models."
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.
