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| John Wren |
Omnicom's PR division suffered a 3.2 percent drop in Q4 revenues to $358.3M. Organic growth declined 2.5 percent.
The Portland, Mercury, CLS Strategies, Marina Maher Communications, Porter Novelli, Ketchum and FleishmanHillard group took a 3.9 percent revenue hit to $1.4B for the full-year. Organic revenues slipped 2.0 percent.
OMC's PR doldrums contrasted with solid gains for the advertising segment (BBDO, DDB, TBWA).
Q4 revenues for the advertising group rose 3.8 percent to $2.4B and 5.1 percent organically. Full-year revenues jumped 2.1 percent to $8.4B for 2019 and 4.5 percent on an organic basis.
CEO John Wren saw overall quarterly revenues inch up 1.3 percent to $4.1B, while net income rose 4.0 percent to $415M.
He led OMC to a 2.2 percent revenue decline to $14.9B in 2019 and a 1.0 percent dip in net income to $1.3B.
WPP shares have been dropped from the London Stock Exchange’s prestigious FTSE 100 index as its stock market price has plunged by two-thirds this year.
Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M. 
