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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 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.
