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| Arthur Sadoun |
Publicis Groupe's Arthur Sadoun reported Q1 revenues jumped 17.1 percent to $3B, driven by a robust demand for its Publicis Sapient and Epsilon digital offerings.
Organic growth rose 10.5 percent compared to a 2.8 percent year-ago increase.
Sadoun said Publicis showed robust growth in Europe, especially in France and the UK; solid gains in Asia (China was up double-digits); and continued momentum in the US.
The financial results included a $94M “exceptional disposal loss” for the transfer of Publicis in Russia ownership to founding chairman Sergey Koptev.
The 1,200-member group was “deconsolidated” from Publicis' financial structure effective April 1.
Though the French ad/PR group recorded a “stronger-than-expected start of the year,” Sadoun declined to upgrade 2022 guidance due to much uncertainty ahead from the COVID-19 pandemic, Russia's invasion of Ukraine and raging global inflation.
Interpublic CEO Philippe Krakowsky said the firm is off to a “solid start to the year” as its flat $2.2B net revenues are in line with 2024 financial targets.
Why financial planning always plays a crucial role in every PR firm’s success.
Omnicom CEO John Wren reports Q1 revenues jumped 5.4 percent to $3.6M, powered by a solid 7.0 percent rise in its advertising & media segment.
Public Policy Holding Company registered 24.1 percent growth to a record $135M during the past year, which included the results of the March 1 acquisition of Multistate Assocs.
Stagwell CEO Mark Penn reported Q4 net revenues dipped 5.6 percent to $551.1M during a “challenging year for marketing services and digital transformation.”
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