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| Paul Taaffe |
Huntsworth today reported that its PR unit for the first time in several years will achieve full-year growth in 2019. The unit is projected to chart a two percent advance.
"Constellation Communications, which houses the non-health facing PR agencies, returned to growth led by Grayling in Europe and Citigate Dewe Rogerson, especially in Asia," Huntsworth CEO Paul Taaffe told O'Dwyer's. "Client demand and spend remains strong and we are increasingly confident about Constellation into next year."
Grayling's performance in the U.S. was "fairly stable."
Taaffe said the Evoke Kyne healthcare unit "is on an enormous tear all over the world but especially in the US where it has operations in New York, Philadelphia and Los Angeles."
The British holding company anticipates like-for-like revenue growth of three percent for 2019.
The firm's medical group will spark overall performance as it is projected to rise by eight percent for the full year, according to Huntsworth's 11-month trading update.
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.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
