 Michael Roth |
Interpublic today said Q1 revenues jumped 13 percent to $2B, sparked partly by the acquisition of Acxiom's data business.
Organic growth rose 6.4 percent. The US grew 5.7 percent organically, while international was up 7.7 percent.
CEO Michael Roth said the financial results were driven by strong performances from its global creative networks, PR and digital offerings.
The addition of Acxiom "significantly strengthened our position as it relates to helping clients succeed in a world where data-driven marketing solutions are core to brands' success," said Roth.
IPG's constituency management group inched ahead 0.3 percent to $293.6M. CMG was up 1.9 percent on an organic basis.
Andy Polansky, CEO of Weber Shandwick, said the PR components of CMG, which include Weber, Golin, DeVries Global, Rogers & Cowan and Current Global, posted low-single-digit growth on a reported basis and mid-digit organically.
Weber topped that performance, turning in mid-single growth as reported and high-single on an organic basis. The firm had 19 units posting double-digit organic growth, according to Polansky. Healthcare and technology sparked Weber's performance.
IPG's $50.2M operating profit was up 29.4 percent from the year-ago quarter.
WPP chief Cindy Rose is cutting up to 1,000 jobs by the end of the year, adding to the 11K jobs lost since the start of 2025, according to a report in the Financial Times.
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.
