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| Mark McCall |
FTI Consulting's strategic communications group reported a six percent growth in Q2 revenues to $71.9M as it enjoyed solid gains in its core businesses and the North American region.
Mark McCall, who heads the stratcomm unit, told O'Dwyer's FTI's reputation, crisis, cyber and litigation segments posted upbeat performances.
The PR unit bolstered its headcount by 13.7 percent to 877 people to help handle the increased workload.
McCall said FTI's flagship offices in New York, Washington, London and Brussels beefed up staffs.
The PR unit's EBITDA slipped 15 percent to $11.5M due to the higher compensation outlays triggered by the upswing in business.
Overall, FTI posted a 6.1 percent revenue increase to $755M and an 18.2 percent decline in net income to $51.4M as revenue growth was offset by higher selling, general and administrative costs, and compensation expenses due to a 9.4 percent hike in billable headcount.
CEO Steven Gunby said the firm invested heavily during the quarter "to attract and support talented professionals to extend our global footprint and ensure we are able to continuously deliver on our client's ever-evolving needs."
Publicis Groupe posted five percent Q3 net organic revenue growth, marking “another very strong quarter” for the French-based firm, according to CEO Arthur Sadoun.
WPP chief Cindy Rose is cutting up to 1,000 jobs by the end of the year, adding to the 11K jobs lost since the start of 2025, according to a report in the Financial Times.
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.
