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| Andy Polansky |
Interpublic reported a 22.5 percent jump in revenues to $2.3B.
Net organic growth was up 19.8 percent overall, with the US division recording a 17.4 percent increase. Internationally, net revenues were up 24.4 percent.
First-half net revenues hit $4.3B, up 12.3 percent from the $3.83B recorded in Q1 2020.
At IPG DXTRA, the company’s global collective of 27 marketing specialty brands, organic growth for the second quarter was 15.1 percent.
Andy Polansky, who is IPG DXTRA’s CEO., said that all firms across the PR component of the division (which includes Weber Shandwick, Golin, Rogers & Cowan PMK and Current Global) had “a strong quarter.”
Polansky noted particular strength in the food & beverage, automotive, healthcare and government sectors. In addition, he said that both North America and the EMEA region did very well in Q2.
IPG CEO Philippe Krakowsky said the Q2 performance represents "a remarkable rebound from the impact of the pandemic on our business, demonstrating the resilience of our people, as well as their commitment to each other, our clients, and our craft.”
Matt Ward, who was head of US communications & corporate media relations at HSBC, has joined FTI Consulting’s PR operation unit in New York.
C Street Advisory Group is providing strategic communications services to STG Logistics as the Columbus-based trucking company files for Chapter 11.
Dollar Tree has named Daniel Delrosario senior VP-investor relations & treasurer.
C Street Advisory Group and Publicis' Groupe's Kekst CNC unit work the Chapter 11 filing of Saks Global Holdings as the luxury retailer evaluates its "operational footprint."
Nashville’s Wortman Works is handling Old Glory Bank, which bills itself as the online bank for freedom-loving Americans, as it goes public via a $250M SPAC deal with Digital Asset Acquisition Corp.
